Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 2.5-bath investment property in one of Temple University’s most established off-campus rental markets.
The property is occupied and leased through July 2027 at $2,750 per month ($33,000 gross annual income). Stabilized rent is $4,000 per month ($48,000 gross annual income), giving the next owner a clear opportunity to increase income when the current lease ends. Currently securing lease for 27/28 at rental rate of $4000 a month.
The property is zoned for 6 units, creating significant future value-add potential for the next owner, subject to buyer due diligence.
Located just steps from Temple University’s Main Campus and within the Temple University Patrol Zone, the property sits in one of Philadelphia’s strongest off-campus rental corridors, known for consistent tenant demand and long-term rental stability. The property also offers roof access.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665188, PAPH2665196, PAPH2665198 and PAPH2686570
The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away.
Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability.
A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration — an opportunity made easier by the property's current vacant status.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
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Listing Snapshot
Price
$369,900
Days On Site
74 Days
Bedrooms
8
Inside Area (SqFt)
2,784 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1915
MLS Number
PAPH2665182
Status
Active
Property Tax
$5,144
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
5 days ago
Price changed to $369,900
5 days ago
Listing updated with changes from the MLS
2 weeks ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Brick/Mortar
Levels
Three Or More
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Short Sale
SqFt Above
2784
SqFt Total
2784
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Basement
Unfinished
Cooling
Central AirElectric
Heating
Natural GasForced Air
Main Level Bedrooms
2
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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 BHHS Fox & Roach-Center City Walnut