Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
2013
Sq.Footage
2,385
Prime Investment Opportunity Portfolio sale only $4,500,000: 7-Building Portfolio Near Temple University An exceptional opportunity awaits with this 7-building portfolio strategically located near Temple University. This meticulously maintained portfolio offers a robust income stream with significant upside potential for investors. Each building in this collection is designed for independent operation, featuring separate utilities including three water meters and six electrical meters across the portfolio. All units are equipped with heat pumps for central heating and air conditioning, along with electric water heaters, ensuring tenant comfort and energy efficiency. For peace of mind and safety, each building also boasts a comprehensive fire alarm system and sprinkler system. The property's current layout offers 6 full bathrooms and 5 kitchens in each building, providing ample amenities for residents. The Use Classification of "Dormitories Living quarters rental license" is current, valid until December 2026 for all six buildings, providing a clear path for continued student or multi-unit rentals. A unique advantage of this portfolio is the 16-foot extension to the rear of the 1226-1232 buildings. This valuable space is currently utilized for parking, accessible via an automatic iron gate on Stiles Street, a highly sought-after amenity in this densely populated area. This portfolio includes the following properties: 1220 (Tax ID: 471166820); 1222 (Tax ID: 471166822); 1224 (Tax ID: 471166824); 1226 (Tax ID: 471166826); 1228 (Tax ID: 471166828); 1230 (Tax ID: 471166830); 1232 (Tax ID: 471166832. Serious inquiries only. All showings require a Proof of Funds (POF) to be submitted prior to scheduling. Don't miss this chance to acquire a significant asset in a prime location.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2385.0
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Central
Exterior
-
Garage
No
-
Parking
Concrete, Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$640,000
-
Tax Amount
6843.0
-
Zoning
3 units Dormatories
-
Sq. Footage
2, 385
-
Price/SqFt
$268
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Hallway(s)
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
394
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Paul P Cheng , Keller Williams Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.

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