Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
2016
Sq.Footage
4,400
FULLY LEASED THROUGH THE 2026/2027 SCHOOL YEAR and generating $75,600 in annual rental income, this stabilized triplex presents an outstanding turnkey investment opportunity in one of Philadelphia's strongest student rental markets. Producing $6,300 per month with tenants responsible for all utilities, the property offers an impressive 6.1% cap rate and immediate, predictable cash flow from day one. Located just a 10-minute walk from Temple University, the building features three well-designed units consisting of a 5-bedroom, 4-bath residence leased for $2,500/month, a 3-bedroom, 2-bath residence leased for $1,200/month, and a 6-bedroom, 4-bath residence leased for $2,600/month. Additional investor-friendly features include three shared off-street parking spaces, a fully finished basement, private rear patio, in-unit washer and dryer, and hardwood and carpet flooring. Each unit offers spacious open-concept living areas, modern kitchens with espresso shaker cabinetry, quartz countertops, and ample cabinet space, along with multiple contemporary bathrooms featuring tiled walk-in showers and updated fixtures. Recessed lighting, generous bedroom layouts, dedicated laundry, and durable finishes throughout provide the amenities today's tenants expect. Beyond the property, residents enjoy convenient access to Temple University, Broad Street, SEPTA's Broad Street Line and Regional Rail, I-76 and I-676, Fairmount Park, Kelly Drive, the Schuylkill River Trail, The Met Philadelphia, Fresh Grocer, Aldi, Planet Fitness, and a growing collection of neighborhood restaurants, cafés, and everyday conveniences. Combining immediate income, strong rental history, large bedroom counts, tenant-paid utilities, and a highly desirable location near campus, this is a rare opportunity to acquire a fully stabilized, income-producing asset with proven performance.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
4400.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stucco
-
Parking
Off Street, On Street, Shared Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1508.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Straight Thru
Price
-
Sales Price
$725,000
-
Tax Amount
$3,168
-
Sq. Footage
4, 400
-
Price/SqFt
$164
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Rayma Abdallah , KW Empower
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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