$45,600 Gross Annual Income - Fully Leased! Prime Investment Opportunity Near Temple University! Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow. Property Highlights:- Unit Mix: Two spacious 4-bedroom, 2-bath apartments- Current Rental Income: $3,800 per month ($45,600 annually)- Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income- Condition: Well-maintained and updated, appealing to high-quality tenants- Location: Prime proximity to Temple University, a high-demand area for student and professional rentals Investment Benefits:- Immediate Income: Established rental history with dependable cash flow- Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area- Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation- Turnkey Investment: Minimal maintenance required, with long-term tenants already in place This is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphia’s hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential. Schedule a showing today and explore this exciting investment opportunity!
Mls | PAPH2405544 |
---|---|
Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 2010 |
Days On Site | 61 |
Listing Provided By | EXP Realty, LLC | Danielle S. Py-Salas |
Sq Feet | 3,411 |
---|---|
Basement | Y |
Zoning | RM1 |
Acreage | 0.04 |
State | PA |
---|---|
County | Philadelphia |
City | Philadelphia |
Zip Code | 19121 |
Area | 19121 |
School District | The School District Of Philadelp |
Listing VS Median (in 19121) | |
Price: $435,000 low | high Med: $120,000 SqFt: 3,411 low | high Med: 1,022 $ / SqFt: $128 low | high Med: $117 On Site: 61 low | high Med: 15.000000 |