Description
1839 n 17 th street
temple is the 2 nd 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 2 blocks away from the main campus. it provides strong
cash flow and stable tenancy.
it has always been 100% leased up, even during and after covid.
the annual rental income has been mostly above $80,000 ( varies between $79,800
and $82,500) for the past 8 years under current management. the cap rate is an
impressive 9%.
the property is a large, well maintained duplex.
unit a has 6 spacious bedrooms spanning 3 levels. it comes with a full size basement
for laundry, entertainment and storage. the fenced-in backyard provides extra space for
relaxation and enjoyment. the average rent for the unit is $3750 per month with 12
months leases.
unit b has 5 spacious bedrooms spanning 2 levels with 2.5 bathrooms and a large living
room. the average monthly rent has been between $2900 and $3250.
financial details are available upon request.
Property Type
Multi-FamilySubdivision
Temple UniversityCounty
PHILADELPHIAStyle
OtherAD ID
48871556
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2011
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 2
- Built: 2011
- 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
-
Property / Lot Details
Lot Information
- Lot Size: 1,820
- Dimensions: 17.00 x 105.00
- Lot Size (Acres): 0.04
- Architectural Style: Other
- Main Square Feet: 1,820
Property Information
- SQ ft: 2,721
- SQ ft (Living Area): 2,721
- Total Lot SQ ft: 1,820
- Subdivision: TEMPLE UNIVERSITY
- Appx. Lot Dimensions: 17.00 x 105.00
- Total Acreage: 0.04
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 12
-
Taxes / Assessments
Tax Information
- Annual Tax: $9,703
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $693,200
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: between W Berks St and W Montgomery Ave
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: between W Berks St and W Montgomery Ave
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BuyOwner last updated this listing 05/11/2025 @ 05:15
- MLS: PAPH2453936
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,721 sqft, 1,820 sized lot, and 0 parking. are nearby neighborhoods.