An exceptional investment opportunity awaits at 2212 N Camac Street, a fully leased and legally zoned rooming house in the heart of the thriving Temple University area. With a Certificate of Occupancy in place and consistent rental income, this property is a rare find for investors seeking a high-yield, cash-flowing asset in a prime location.
This well-maintained property features eight single-room units, all currently occupied by reliable tenants, generating a strong monthly rental income of $4,860 at full occupancy. Designed for both functionality and convenience, the home includes 3.5 bathrooms, two fully equipped laundry rooms on the first floor, and a spacious shared eat-in kitchen with stainless steel appliances and tiled flooring. The layout ensures comfortable living for tenants while maintaining ease of management for the owner.
Located just steps from Temple University, this property benefits from high tenant demand and proximity to a wide range of amenities. Residents enjoy easy access to shops, restaurants, public transportation, and North Philadelphia’s vibrant cultural scene, making this a sought-after rental option. Whether you're looking to expand your portfolio or secure a turnkey investment, this fully leased rooming house presents an outstanding opportunity in a rapidly growing market.
The income description goes here to explain
List Price | $379,000 |
Property Type | Other |
Usable Sqft | 2,586 |
Number of Stories | 3 stories |
Parking Spots | 0 spots |
Year Built | 1915 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 371252300 |
MLS # | PAPH2426274 |
Property ID | 294171245 |
Lot Sqft | 1,388 |
Zoning | RM1 |
Total Units | 4 |
Days on Market | 38 |
Original List Price | Unknown |
Applicances | Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer,Dryer% |
Date Updated | March 18, 2025 |
Date Created | February 24, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $58,320 | $0 |
Net Income (Yr) | $ 43,577 |
Cap Rate | 9.68% |
Anthony R Castaneda an agent of . Lic #RS325527
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