Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
2,784
Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets. The property has historically generated $52,800 in annual gross rental income with an NOI of $39,600 and is being offered at an attractive 9% cap rate. Current lease expires July 2026. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(square feet)
1560.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$439,900
-
Tax Amount
$6,245
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
292
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Danielle Redenbaugh , Keller Williams Realty Devon-Wayne
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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