Property
Beds
8
Full Baths
4
1/2 Baths
None
Year Built
2011
Sq.Footage
2,958
Prime Temple University Investment Opportunity EXCEPTIONAL DUPLEX INVESTMENT - Two identical, fully independent 4BR/2BA units with separate utilities. Built 2011. Walking distance to Temple University. Booming neighborhood - property values have surged tremendously in recent years Strong appreciation potential - area continues to experience rapid growth 🎁 $10,000 SELLER CREDIT if closed before January 31, 2025! Key Investment Metrics: Current Performance: Current Rent: $3,500/month total ($1,750/unit) Annual Income: $42,000 Market Potential: Market Rent: $4,800/month total ($2,400/unit) Annual Market Income: $57,600 Income Upside: $15,600/year additional potential Operating Advantages: Tenants pay ALL utilities - gas, water, and PECO Ultra-low operating costs - no utility expenses Property Features: Two Identical Units: 4BR/2BA each (8 beds, 4 baths total) 2,958 sq ft total - 1,479 sq ft per unit Two full unfinished basements - excellent storage or finishing potential Modern construction (2011) with forced air heating & central AC Washer/dryer in each unit On-street parking Why This Property Is a Winner: ✅ TENANTS PAY ALL UTILITIES - Gas, water, and PECO separately metered (massive advantage!) ✅ $15,600 UPSIDE - Currently rented $1,300/month below market ✅ TURNKEY WITH GROWTH - Tenants in place, raise rents on renewal ✅ BASEMENT VALUE-ADD - Finish basements to add bedrooms and boost rents further ✅ ULTRA-LOW OPERATING COSTS - No utility bills to manage or pay Perfect Strategy: House Hacking: Live in one unit, rent the other for $2,400/month Other tenant covers your mortgage Build equity while living rent-free Buy & Hold Investment: Keep current tenants through transition Raise to market rents ($2,400/unit) upon renewal Capture $15,600+ additional annual income Option to finish basements for even higher rents Location Advantages: Prime Temple University area - blocks from campus Access to public transit & major routes Proven rental market with $2,400/unit comps ACT FAST: ✓ Both units tenant occupied - no vacancy risk ✓ Tenants pay ALL utilities - gas, water, PECO (zero utility costs!) ✓ $15,600 rent upside at market rates ✓ $10,000 seller credit (expires Jan 31, 2025) Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
4
-
Above Grade Finished Area
2958.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
8
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Side-by-Side
Price
-
Sales Price
$879,000
-
Tax Amount
9636.26
-
Sq. Footage
2, 958
-
Price/SqFt
$297
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Permanent
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
205
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Suresh K Venkannagari , Realty Mark Associates - KOP
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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