An amazing opportunity to build a triplex in one of the most desirable locations at Temple University can be yours! Approved zoning! The owner has plans almost ready for a 3-unit, 11-bed/11-bath building which on average should bring 650-700/room. With a conservative estimate, potential gross income is $85,800/year, well into $100k/annually. The estimates for rent are derived from dozens of similar properties in the area that we have all leased out. The area of 15th-17th St, between Diamond and Cecil B. Moore streets is in high demand for Temple students.
The bed-to-bath ratio, location (literally one block to Broad St), and the fact that it is a new construction will make it a desirable rental for Temple students so you should have smooth leasing, low turnover, and overall easy management.
Property Type :
Land
County :
PHILADELPHIA
Style :
Land
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ByOwner last updated this listing 05/06/2024 @ 06:45
MLS: PAPH2282402
LISTED BY: Toma Holovatskyy , RE/MAX Plus
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
