Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one.
This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence.
The property benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone.
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 and PAPH2637494
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Listing Snapshot
Price
$399,900
Days On Site
109 Days
Bedrooms
6
Inside Area (SqFt)
2,784 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
1915
MLS® Number
PAPH2637506
Status
Active Under Contract
Property Tax
$6,245
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
4 weeks ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active Under Contract
4 months ago
Listing first seen on site
General Features
Foundation
Block
Levels
Three Or More
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2784
SqFt Total
2784
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Basement
Unfinished
Cooling
Central AirElectric
Heating
Natural GasForced Air
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Exterior Features
Pool Features
None
Community Features
MLS Area
19121 (19121)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty Devon-Wayne
