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Listed by Mike Coleman • Keller Williams Realty Devon-Wayne
$699,900
Est. payment /mo
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2639554
Year Built 1915
Annual Tax Amount $4,549
Tax Year 2026
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional 5-plex offers immediate cash flow and strong long-term upside.
Currently generating $66,660 in annual gross rental income starting August 2026 gross rental income increases to $68,400. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of 5 spacious student housing units totaling 8 bedrooms and 8 bathrooms:
Unit 1: 4 bed / 4 bath Current Rent $2600 Future Rent Starting August 1st $2600
Unit 2: 1 bed / 1 bath Current Rent $725 Future Rent Starting August 1st $750
Unit 3 Studio/ 1 bath Current Rent $775 Future Rent Starting August 1st $800
Unit 4 1 bed / 1 bath Current Rent $750 Future Rent Starting August 1st $800
Unit 5 Studio/ 1 bath Current Rent $700 Future Rent Starting August 1st $700
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518
Currently generating $66,660 in annual gross rental income starting August 2026 gross rental income increases to $68,400. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of 5 spacious student housing units totaling 8 bedrooms and 8 bathrooms:
Unit 1: 4 bed / 4 bath Current Rent $2600 Future Rent Starting August 1st $2600
Unit 2: 1 bed / 1 bath Current Rent $725 Future Rent Starting August 1st $750
Unit 3 Studio/ 1 bath Current Rent $775 Future Rent Starting August 1st $800
Unit 4 1 bed / 1 bath Current Rent $750 Future Rent Starting August 1st $800
Unit 5 Studio/ 1 bath Current Rent $700 Future Rent Starting August 1st $700
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881146627
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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