Legal 10-bedroom rooming house! Yes, you read that correctly! Rarely available, impossible to find property with rental license permitting 10 single room residences close to Temple University. Set up as a duplex with each bi-level unit containing 6 bedrooms, 2 full and 2 half baths. Enter unit A into the lower level with living room, kitchen, washer/dryer, 2 beds & 1.5 baths. Stairs to the 1st level which boasts 4 more bedrooms with ample closet space, 1.5 baths and access to the large rear yard. Enter unit B and ascend to the 2nd level which has an extra-large kitchen, living room and dining room plus sliding doors to a Juliet balcony. There are an additional 2 beds and 1.5 baths on this level. Stairs to the 3rd floor take you to another 4 beds and 1.5 baths with a hall stackable laundry closet. Newly built and recently upgraded with remaining tax abatement, central air and absolutely turnkey, ready to start generating income immediately. Make no mistake, this is an absolute UNICORN. Rooming houses exist in Philly but not many legal ones. Rent individual rooms or to larger groups. Numerous scenarios and possibilities that make this an excellent blue-chip investment. 12 total bedrooms in property but rental license is for 10 single room residences. Buyer to confirm with L&I on specific use options and requirements. Will not last, schedule your showing today!
Property Type :
Multi-Family
Subdivision :
Temple University
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/14/2024 @ 10:18
MLS: PAPH2289436
LISTED BY: Bryan J Capone , KW Empower
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.
