Exceptional income-producing opportunity steps from Temple University's campus. This fully occupied 5-bedroom, 5-bathroom property has generated consistent rental income since 2023. Rented by-room at $500/bedroom (5 rooms), generating $2,500/month gross — rents have not been increased since 2023, indicating room for upward adjustment to market rate.
Recent owner improvements include new flooring throughout the kitchen and lower level, updated plumbing in all bathrooms, refreshed front facade, and upgraded lighting throughout — reducing near-term capital expenditure needs for the next owner. The property has maintained continuous occupancy since acquisition, underscoring reliable demand in this high-traffic student housing corridor. Tenants pay all utilities except water.
Ideal for investors seeking a stabilized asset with minimal deferred maintenance and a proven rental history in one of Philadelphia's most consistent student housing markets.
Lease expires July 2027.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$284,500
Days On Site
53 Days
Bedrooms
5
Inside Area (SqFt)
1,530 sqft
Total Baths
5
Full Baths
5
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1920
MLS® Number
PAPH2656258
Status
Active
Property Tax
$2,704
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 weeks ago
Price changed to $284,500
2 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Other
Levels
Three Or More
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1530
SqFt Total
1530
Style
Other
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterWasherRefrigeratorMicrowaveDryer
Basement
FinishedFull
Cooling
Window Unit(s)Electric
Furnished
Unfurnished
Heating
ElectricBaseboard
Laundry Features
Lower Level
Main Level Bedrooms
5
Save
Ask
Tour
Hide
Share
Exterior Features
Patio And Porch
Patio
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 BHHS Fox & Roach The Harper at Rittenhouse Square
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.