$535,000

Property Description

Turnkey Multifamily Investment with an Assumable 2.625% Loan Near Temple University Exceptional investment opportunity in the thriving Temple University corridor! This fully renovated multifamily property offers the ideal combination of modern finishes, strong rental demand, and a significant financing advantage. Featuring 6 bedrooms and 6 bathrooms, this turnkey asset includes an assumable FHA loan with an attractive 2.625% interest rate (subject to lender approval and qualification), providing a rare opportunity to secure financing well below current market rates. (must be owner Occupied) Thoughtfully renovated throughout, the property features contemporary finishes, open-concept living spaces, luxury flooring, designer kitchens with stainless steel appliances, central air conditioning, in-unit laundry, and generously sized bedrooms with private bathrooms. The functional layout is ideal for student and roommate living, helping maximize rental income and tenant appeal. Located just minutes from Temple University, the Temple Regional Rail Station, SEPTA transit, shopping, dining, and neighborhood amenities, this property is positioned in one of Philadelphia's strongest rental markets with consistent demand from students and young professionals. Whether you're starting to build your portfolio or adding to it this is a rare opportunity to acquire a turnkey, income-producing asset with below-market assumable financing-a feature that can substantially improve cash flow and reduce borrowing costs for qualified buyers. Property Highlights Assumable loan at just 2.625% interest (subject to lender approval and buyer qualification) Fully renovated multifamily investment property 6 bedrooms | 6 bathrooms Modern kitchens with stainless steel appliances Open-concept floor plans Central air conditioning In-unit laundry Spacious bedroom layouts with private bathrooms Prime location near Temple University Strong rental history and excellent income potential Convenient access to SEPTA, Center City, shopping, and dining This is a unique opportunity to own a modern, turnkey investment property while taking advantage of an assumable 2.5% financing option-a valuable benefit that is increasingly difficult to find in today's market.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Jul 16, 2026

Price per Sq Ft

$265/sqft

ZIP Code

19122

Parking

On Street

Heating

90% Forced Air

Cooling

Central A/C

Construction

Masonry

Style

Straight Thru

Property Tax (2026)

$6,285/yr

Assessed Value

$549,000

Last Sold

$50,000 · Dec 8, 2021

Neighborhood

Hartranft

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.98266 · Lng -75.14751