8 Beds
4 Baths
2,958 SqFt
8 Beds
4 Baths
2,958 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $297
Subdivision Temple University
MLS Listing ID PAPH2565206
Style Side-by-Side
Bedrooms 8
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,958
Year Built 2011
Annual Tax Amount $9,636
Tax Year 2025
Lot Size 1,258 Sqft
Acres 0.03
Lot Dimensions 17.00 x 74.00
Property Sub-Type Detached
Source BRIGHT
Property Description
EXCEPTIONAL DUPLEX INVESTMENT - Two identical, fully independent 4BR/2BA units with separate utilities. Built 2011. Walking distance to Temple University.
Booming neighborhood - property values have surged tremendously in recent years
Strong appreciation potential - area continues to experience rapid growth
🎁 $10,000 SELLER CREDIT if closed before January 31, 2025!
Key Investment Metrics:
Current Performance:
Current Rent: $3,500/month total ($1,750/unit)
Annual Income: $42,000
Market Potential:
Market Rent: $4,800/month total ($2,400/unit)
Annual Market Income: $57,600
Income Upside: $15,600/year additional potential
Operating Advantages:
Tenants pay ALL utilities - gas, water, and PECO
Ultra-low operating costs - no utility expenses
Property Features:
Two Identical Units: 4BR/2BA each (8 beds, 4 baths total)
2,958 sq ft total - 1,479 sq ft per unit
Two full unfinished basements - excellent storage or finishing potential
Modern construction (2011) with forced air heating & central AC
Washer/dryer in each unit
On-street parking
Why This Property Is a Winner:
✅ TENANTS PAY ALL UTILITIES - Gas, water, and PECO separately metered (massive advantage!)
✅ $15,600 UPSIDE - Currently rented $1,300/month below market
✅ TURNKEY WITH GROWTH - Tenants in place, raise rents on renewal
✅ BASEMENT VALUE-ADD - Finish basements to add bedrooms and boost rents further
✅ ULTRA-LOW OPERATING COSTS - No utility bills to manage or pay
Perfect Strategy:
House Hacking:
Live in one unit, rent the other for $2,400/month
Other tenant covers your mortgage
Build equity while living rent-free
Buy & Hold Investment:
Keep current tenants through transition
Raise to market rents ($2,400/unit) upon renewal
Capture $15,600+ additional annual income
Option to finish basements for even higher rents
Location Advantages:
Prime Temple University area - blocks from campus
Access to public transit & major routes
Proven rental market with $2,400/unit comps
ACT FAST:
✓ Both units tenant occupied - no vacancy risk
✓ Tenants pay ALL utilities - gas, water, PECO (zero utility costs!)
✓ $15,600 rent upside at market rates
✓ $10,000 seller credit (expires Jan 31, 2025)
Schedule your showing today!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Main Level Bedrooms 8
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Permanent
Above Ground Finished SqFt 2958
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
Senior Community No
Tax ID 321133500
Ownership Fee Simple
SqFt Source 2958
Special Listing Condition Standard
Pets Allowed Case by Case Basis
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