Description

This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property.

Completely renovated triplex located near Temple University, offering an exceptional opportunity for investors or owner-occupants. This well-maintained property features three modern units and is situated in a rapidly appreciating area with strong rental demand and continued growth potential.

Each of the three thoughtfully designed units includes private in-unit laundry, sleek modern kitchens with dishwashers, and gleaming hardwood floors throughout, delivering both comfort and convenience. The first-floor bi-level unit offers flexible living space and can be adapted for additional bedrooms, expanded living areas, or a dedicated home office. The second and third floors each feature spacious 2-bedroom layouts, ideal for consistent rental income.

Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.

This property is highly attractive to graduate students and medical professionals seeking quality housing in a prime location. Residents enjoy easy access to public transportation and regional rail lines, with Center City Philadelphia just minutes away. The Chestnut Hill West Line at the North Philadelphia Station is approximately 4 minutes away, providing added commuting convenience.

Nearby parks include Marcus Foster Memorial Stadium, Connie Mack Stadium, and The Village Park, enhancing the neighborhood’s appeal with recreational options and open green space.

Positioned near Temple University and close to major transportation routes, this property also benefits from significant future development potential, including proximity to the planned Amtrak North Philadelphia train station project—a transformative 2 million sq ft mixed-use development featuring commercial, residential, retail, and community spaces. A recent price adjustment further enhances this compelling investment opportunity in one of Philadelphia’s most promising growth corridors.

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