Phenomenal Investment Opportunity! This income-producing duplex is located only two blocks from Temple University Main Campus, directly across the street from the police station! This well-maintained property offers one 2 bedroom 1 bathroom unit on the first floor and one bi-level 5 bedroom 2 bathroom unit on the second and third floors. The units feature beautiful hardwood floors, shaker cabinetry, tiled bathrooms with tub shower combo, and a non-coin operated washer/dryer in each unit. The bedrooms in both units have built-in closets, ceiling fans, and ample study space. The lower unit has a rear outdoor patio, which is a hot commodity among the students, perfect for entertaining friends or enjoying the fresh air. There is a full unfinished basement with a laundry area and tons of storage space. Both units are fully leased for the 2025-2026 school year (until July 2026)! This property's rental history is superb and has been student-occupied year after year, even during the height of COVID. Tenants tend to stay long term and each unit practically rents itself every year due to the safety of the police station across the street as well as its centrally located position just off of Montgomery Ave, which cuts directly through the heart of Temple's campus. The gross annual income for the 2025-2026 school year is $50,000. This building is a cash flow machine and will be a great addition to any investor's portfolio!
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Listing Snapshot
Price
$449,900
Days On Site
137 Days
Bedrooms
2
Inside Area (SqFt)
2,188 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1920
MLS® Number
PAPH2623696
Status
Active
Property Tax
$6,687
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
4 months ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Acres
0.02
Cross Street
17TH
Foundation
Concrete Perimeter
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2188
SqFt Total
2188
Style
Straight Thru
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water HeaterWasherDryerRefrigeratorDishwasherMicrowave
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