$379,900

Property Description

Investor Alert! Showings by appointment with 24 hours notice. Exceptional opportunity to acquire a 6-bedroom, 2.5-bath student housing property on the 1800 block of N 16th Street, between Berks Street and Montgomery Avenue, in one of Temple University’s most established off-campus rental markets. The property is fully leased through July 2027 at $4,200 per month ($50,400 gross annual income), or $700 per bedroom per month, providing investors with stable, predictable income from day one. A standout feature of this property is its grandfathered zoning rights for 6 units, creating significant future value-add potential for the next owner, subject to buyer due diligence. Located just ste

Property Facts & Features

Property Type

Townhouse

Status

Active

Price per Sq Ft

$147/sqft

ZIP Code

19121

Location

Lat 39.98200 · Lng -75.16232