For Investors or Parents of students at Temple University! Great income generating investment opportunity ($50k/year) near Temple University Main Campus. Parents of students can enable their child to live for FREE and use rent from other rooms to pay for their child's tuition!!! This 2-unit 7 bed/3 bath building is just 1 block from the center of campus and directly in front of the police station. This location is a convenient 5 min walk to campus and very popular for TU students. The building has two apartments with central AC and heat, new water heaters, and LVT flooring. The lower unit is a large 2-bedroom unit with kitchen and one bath, patio in the back, and brand new AC just installed in Jun 2022. There is a large backyard with space for grilling and entertaining. Rents for $1200/month. Has new stove (2018) and dishwasher (2022). The basement has plenty of storage and laundry units. Water heaters for both units are in the basement. The upper unit is a 5-bedroom unit with kitchen, living area, and two bathrooms. 3 of the bedrooms are on the 3rd floor with one bathroom, and the other two are on the 2nd floor. Bathrooms and kitchen renovated in 2018 with granite countertops and new appliances. Bedrooms are being rented for $525/room. Tenants pay for gas and electric. This is a great addition to your Student Housing portfolio. Schedule an appointment today!
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