1837 N Willington Street

PHILADELPHIA, PA 19121

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,172 Sqft
  • 1036
    Sqft(Lot)
$500,000

Description

1837 n willington street

temple is the 2nd  largest university in pa and one of the largest on the east coast.
with 2024 undergraduate enrollment reaching over 30,000 students, with limited on
campus housing capacity, the large student population creates a consistent demand for
off campus housing.

this investment property is located in one of the most desirable blocks for off campus
housing at temple. it is only 1.5 blocks away from the main campus. it provides strong
cash flow and stable tenancy.

the annual rental income has been mostly above $60,000 ( varies between $51,600
and $63,600) for the past 5 years under current management. the cap rate is an
impressive 7.75%.

the property is a well maintained duplex built in 2012.
unit a has 5 bedrooms spanning 3 levels. it comes with a fenced in private backyard.
the average rent for the unit is $2500 (between $2000 and $3000) per month with 12
months leases over the past 5 years

unit b has 4 light filled bedrooms spanning 2 levels with 2.5 bathrooms and a large
living room. the average monthly rent has been between $2300 and 2600.

both units are leased until 7/24/26. financial details are available upon request.

  • Property Type

    Multi-Family

  • Subdivision

    Temple University

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    48871555

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 2012
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 2012
    • Construction Material: Masonry
    • Foundation/Basement: Brick/Mortar
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,036
    • Dimensions: 14.00 x 74.00
    • Lot Size (Acres): 0.02
    • Architectural Style: Other
    • Main Square Feet: 1,036

    Property Information

    • SQ ft: 2,172
    • SQ ft (Living Area): 2,172
    • Total Lot SQ ft: 1,036
    • Subdivision: TEMPLE UNIVERSITY
    • Appx. Lot Dimensions: 14.00 x 74.00
    • Total Acreage: 0.02
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 34

  • Tax Information

    • Annual Tax: $7,942
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $567,400

  • Parking Information

    • Parking Type: None

    Homeowners Association Information

    • Direction: USE GPS

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: USE GPS
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BuyOwner last updated this listing 05/11/2025 @ 05:13

  • MLS: PAPH2453910
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,172 sqft, 1,036 sized lot, and 0 parking. are nearby neighborhoods.