Investor's Dream Duplex on Temple University Campus!
This fully updated duplex, located in the heart of Temple University's campus, offers an exceptional investment opportunity with strong rental potential and versatile living spaces. The first unit spans the first floor and lower level (basement), featuring 3 bedrooms, 1 full bathroom, a kitchen, laundry, and a private yard on the main level. The finished basement provides additional living space, including a common area and an additional room that can serve as a den, workspace, storage, study lounge, or a quiet retreat. With the addition of egress, the finished basement room could be converted into a 4th bedroom, offering even greater potential. This unit offers a projected monthly rent of $1,800.
Unit 2 is a bi-level layout encompassing the second and third floors. The second floor includes 3 bedrooms, a full bathroom, a kitchen, and laundry facilities. The third floor features 3 additional bedrooms, another full bathroom, and a private roof deck off the back bedroom with breathtaking views. This spacious unit offers a projected monthly rent of $3,600 if you were to rent each room out for $600/room.
Both units are currently in the process of being vacated and will be fixed up to be in rent ready condition for the new owner. The property will be available to show by the end of March or the beginning of April.
With a total of 9 bedrooms and 3 full bathrooms, this property is designed to cater to students and faculty alike, ensuring high demand and consistent cash flow. Additional highlights include a private yard for Unit 1 and a roof deck for Unit 2. With a combined projected monthly rent of $5,400, this turn-key property is the perfect addition to your rental portfolio in a prime location. Don’t miss this incredible opportunity!
The income description goes here to explain
List Price | $390,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 2,160 |
Number of Stories | 3 stories |
Parking Spots | 0 spots |
Year Built | 1915 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 321231800 |
MLS # | PAPH2437086 |
Property ID | 321241335 |
Lot Sqft | 1,351 |
Zoning | RM1 |
Total Units | 2 |
Days on Market | 49 |
Original List Price | Unknown |
Date Updated | April 04, 2025 |
Date Created | February 19, 2025 |
Maria Maria Quattrone Quattrone an agent of . Lic #RS281573
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