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Key Details
Sold Price $285,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $177
Subdivision Temple University
MLS Listing ID PAPH2056646
Sold Date 06/13/22
Style Straight Thru
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,608
Originating Board BRIGHT
Year Built 1949
Annual Tax Amount $2,252
Tax Year 2022
Lot Size 889 Sqft
Acres 0.02
Lot Dimensions 15.17 x 58.58
Property Description
Pre-Covid, this was leased at $2800. Listing price is based on current Covid rent of $2200. Everyone at Temple took a haircut during the pandemic but the correction is here for the 2022 school year. A turnover and new lease, at current market rents, will add instant value of $40 - 60K. Take advantage of the coming correction and check this out.
Spacious, sunny and turnkey in Prime Temple. This 5 bed, 2 bath is in the heart of desirable student rental territory and will make a fantastic addition to any investor's portfolio. This well-maintained three story is consistently rented to Temple students on a single lease. A spacious living area is conducive for a 5 person household to sprawl out accordingly and a large fenced back yard is great for entertaining. There are 3 bedrooms on the second floor and 2 on the third - both have a full bathroom. Hardwood floors and durable finishes throughout make this an easy turnover with little maintenance.
The rear has previously been used as parking and is currently a large fenced in yard. Converting back to parking could significantly increase rents. Please conduct your own due diligence in confirm parking viability with L&I.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
Basement Other
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Basement
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Rear Yard
Story 3
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 321237505
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Exchange, Cash, FHA 203(k), VA
Listing Terms FHA, Exchange, Cash, FHA 203(k), VA
Financing FHA,Exchange,Cash,FHA 203(k),VA
Special Listing Condition Standard
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Bought with Kelly Ann Gorman • KW Philly
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