Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
2,736
Welcome to 1703 W Montgomery Avenue, a turnkey duplex investment opportunity located just two blocks from Temple University and across the street from the Philadelphia Police Department. Fully leased through July 2027 with contracted rents of $6,060/month through 7/31/26 and $5,920/month through 7/31/27, this property offers strong in-place cash flow and consistent rental demand. The building consists of two bi-level units, each featuring 4 bedrooms and 2 full bathrooms with spacious layouts designed for student living. Recent upgrades and features include solid hardwood floors, granite kitchen islands, stainless steel appliances, in-unit laundry, Goodman high-efficiency HVAC systems, security cameras, hardwired Ethernet, intercom systems, and master-keyed locks with interchangeable cylinders for efficient management. Unit 1 includes a private rear yard and finished lower level with additional living space and a granite-top bar, while Unit 2 offers expansive living space with Center City skyline views. The property also benefits from a valuable group living use permit, permitting use as a single room residence (8 rooms) within the existing structure. This is a low-maintenance, professionally maintained investment opportunity with strong cash flow, modern systems, and a prime Temple-area location.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2736.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1589.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$620,000
-
Tax Amount
$7,914
-
Sq. Footage
2, 736
-
Price/SqFt
$226
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
100
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Edward J Foy Jr. , KW Empower
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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