This 2-unit property is very close to Temple University with leases in place through July 31, 2022! Rental income of $4,570/month and a cap rate of 7% + makes this a great investment opportunity for a savvy investor. Investment highlights include: • Significant repairs and improvements have been completed over the past 5 years making this a turnkey opportunity • Both units are on a single lease, not rented by the room and have leases in place until 7/31/2022. The units have been 100% occupied since acquiring this property, with 100% of rent being collected • Outstanding Location: Within a few blocks of Temple University’s Main Campus • Temple University has 81% of Temple University students living off campus • Public Transportation: Easily accessible to SEPTA Regional Rail, Broad Street Subway, and numerous bus lines • Both units have outdoor space, which makes them highly sought after • The building recently received a lead certification, which is now required by the city • Tenants are responsible for all utilities other than water
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
