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Completely Renovated in 2019 and Rented for $3,900 Per Month, this six-bedroom, three-bathroom home is just steps from Temple University, making it a prime investment opportunity. The property currently generates significant cash flow, with in-place tenants who have renewed their lease through July 2026, ensuring long-term stability. With extremely low taxes, this property offers a conservative cap rate of 8.6% and a cash-on-cash return of just under 10%, which is a rare find in today's interest rate environment. Whether you're a seasoned investor or new to the market, this home provides a reliable return on investment. The layout is ideal for Temple University students, featuring large living, dining, and patio areas, spacious bedrooms, each with its own closet, and two bedrooms per level across three floors. Each set of bedrooms is paired with a private full bathroom, and the second-floor laundry closet adds to the convenience of the home. Located in the most sought-after area for off-campus student housing, this property is one of the closest to Temple University, attracting both lower and upperclassmen. As an investor wisely once said, "As long as you're on the beach, your real estate will always hold value and appreciate." This location is as close to the "beach" as it gets for Temple University students. With rising enrollment and the leadership of new President John Fry, Temple University is expected to undergo significant transformation in the next decade, further increasing the demand for housing in the area. This is an exceptional investment opportunity you won't want to miss. Contact us today to discuss the numbers "” opportunities like this don't last long!
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 4/14/2025 | Tract | TEMPLE UNIVERSITY |
|---|---|---|---|
| Year Built | 1915 | Community | 19121 (19121) |
| County | PHILADELPHIA |
SCHOOLS
| School District | PHILADELPHIA CITY |
|---|
Additional Details
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer |
| AREA | 19121 (19121) |
| BASEMENT | Finished, Interior Entry, Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Ceiling Fan(s), Open Floorplan, Recessed Lighting |
| LOT | 871 sq ft |
| LOT DIMENSIONS | 14.00 x 57.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Straight Thru |
| SUBDIVISION | TEMPLE UNIVERSITY |
| TAXES | 1448 |
| WATER | Public |
Location
Listing provided by Keller Williams Realty Group
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/16/25 5:28 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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