$284,500

Property Description

Exceptional income-producing opportunity steps from Temple University's campus. This fully occupied 5-bedroom, 5-bathroom property has generated consistent rental income since 2023. Rented by-room at $500/bedroom (5 rooms), generating $2,500/month gross - rents have not been increased since 2023, indicating room for upward adjustment to market rate. Recent owner improvements include new flooring throughout the kitchen and lower level, updated plumbing in all bathrooms, refreshed front facade, and upgraded lighting throughout - reducing near-term capital expenditure needs for the next owner. The property has maintained continuous occupancy since acquisition, underscoring reliable demand in this high-traffic student housing corridor. Tenants pay all utilities except water. Ideal for investors seeking a stabilized asset with minimal deferred maintenance and a proven rental history in one of Philadelphia's most consistent student housing markets. Lease expires July 2027.

Property Facts & Features

Property Type

Townhomes

Status

Active

Listed

Aug 10, 2026

Price per Sq Ft

$186/sqft

ZIP Code

19121

Full Baths

5

Stories

3

Parking

On Street

Heating

Baseboard Electric

Cooling

Window Unit(S)

Construction

Masonry

Property Tax (2026)

$3,229/yr

Assessed Value

$230,700

Last Sold

$85,000 · Jan 12, 2009

Neighborhood

North Central

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.97987 · Lng -75.16356