Thank you
James J Romano
Keller Williams Real Estate-Blue Bell
215-646-2900
Welcome to your next savvy investment opportunity! Nestled just blocks away from Temple University, this income-producing triplex is a gem! Perfect for seasoned investors looking to expand their portfolio or first-time investors eager to dive into the market. Comprising one 5-bedroom, 4-bathroom unit and two 3-bedroom, 2-bathroom units, this triplex offers modern amenities and spacious layouts that appeal to students and tenants alike. Each unit features contemporary finishes, galley and wrap-around kitchens, in-unit washer/dryer, ample closet space, and more! Unit A has access to a fenced patio, Unit B residents can enjoy the spacious upper deck at the rear, and Unit C boasts a sprawling rooftop deck, perfect for entertaining or relaxing under the stars. Currently fully leased for the 2024-2025 school year, this property generates an impressive gross annual income of $109,920. With top market rents and 25% estimated operating expenses, the projected net operating income ensures a steady cash flow. Tenants can experience the convenience of living just minutes away from popular student attractions like Geasy Field, Temple Track, and The Liacouras Center. There are approximately 7+ years left on the ten year tax abatements. Information needs to be verified by a buyer with city tax office. Schedule your appointment today!
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Water Source : Public
Patio/Porch Features: Patio(s),Roof,Deck(s)
Built-Ins,Combination Kitchen/Living,Recessed Lighting,Floor Plan - Open,Upgraded Countertops,Walk-in Closet(s)
Roof : Fiberglass
Basement Description: Fully Finished
Property Appliances: Microwave,Dishwasher,Stainless Steel Appliances,Washer/Dryer Stacked,Oven/Range - Electric
Fiberglass
Cooling: Central A/C
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Year Built: 1915
Structure: Interior Row/Townhouse
Major Appliances: Microwave,Dishwasher,Stainless Steel Appliances,Washer/Dryer Stacked,Oven/Range - Electric
New Construction: No
Total Units: 3
Built: 1915
Construction Material: Brick,Frame,Concrete,Metal Siding
Roof: Fiberglass
Foundation/Basement: Concrete Perimeter
Architecture: Bi-level
Pool/Private: No Pool
Roof Type: Fiberglass
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 1,615
Dimensions: 17.00 x 95.00
Lot Size (Acres): 0.04
Architectural Style: Bi-level
Main Square Feet: 1,615
SQ ft: 2,598
SQ ft (Living Area): 2,598
Total Lot SQ ft: 1,615
Financing: Cash,Conventional
Appx. Lot Dimensions: 17.00 x 95.00
Total Acreage: 0.04
New Construction: No
Type: Bi-level
Possession: Negotiable
Days Of Market: 15
Annual Tax: $0
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Negotiable
Taxes Assessment Amount: $0
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash,Conventional
Roof: Fiberglass
Direction: Heading north on Broad Street, make a left onto Cecil B. Moore Avenue and then make a right onto North 18th Street.
School District: PHILADELPHIA CITY
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Direction: Heading north on Broad Street, make a left onto Cecil B. Moore Avenue and then make a right onto North 18th Street.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1924 W Berks Street , Philadelphia, PA,19121 | $69,900 | -- | -- | 1,120 | 1120 Sqft |
1716 N 26th Street , Philadelphia, PA,19121 | $90,000 | -- | -- | 945 | 945 Sqft |
1900 N 24th Street , Philadelphia, PA,19121 | $50,000 | -- | -- | 1,299 | 1299 Sqft |
2516 W Diamond Street , Philadelphia, PA,19121 | $50,000 | -- | -- | 1,360 | 1360 Sqft |
1815 N Ringgold Street , Philadelphia, PA,19121 | $45,000 | -- | -- | 658 | 658 Sqft |
1501 N 31st Street #PH13, Philadelphia, PA,19121 | $594,999 | 3 | 2.5 | -- | -- |
2353 Turner Street , Philadelphia, PA,19121 | $80,000 | -- | -- | 835 | 835 Sqft |
1423 W Stiles Street , Philadelphia, PA,19121 | $360,000 | 3 | 3.0 | -- | 904 Sqft |
1419 W Stiles Street , Philadelphia, PA,19121 | $380,000 | 3 | 3.0 | 1,218 | 904 Sqft |
1501 N 31st Street #PH12, Philadelphia, PA,19121 | $999,999 | 3 | 3.5 | -- | -- |
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ByOwner last updated this listing 05/17/2024 @ 21:11
MLS: PAPH2347194
LISTED BY: James J Romano , Keller Williams Real Estate-Blue Bell
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.