Fully rented till Summer 2024! This property is part of a turnkey, modern 10-unit portfolio for sale - 1611 n 17th St., 1720 Fontain St., and 2214 Camac St. offering at $2,547,000 with almost a 10% return with a gross annual income of $252,540 across the properties. The portfolio consists of the following - This quad is at 2214 Camac St. 2021 Construction. A duplex at 1720 Fontain St. (4 bed/3 bath, 4 bed/4 bath), 2012 Construction. (MLS# PAPH2193694) A quad at 1611 N 17th St. (three 4 bed/3 bath, one 3 bed/2 bath) 2012 Construction. (MLS# PAPH2193686) Total annual income is $252,540 with room to grow. All are in a turnkey condition and you will not need any work done to them and minimum maintenance going forward. About 2214 Camac St. - It is an amazing, new construction quad with rare and desirable among students with 5 bed/5 bath, 3 bed/3 bath & two 3 bed/3 bath bi-level setups. 8 more years of tax abatement! Fully leased out till Summer 2024! Located 4 minutes walk from the main campus of Temple University. Close to public transportation, Rite-aid, shops, and businesses. All units are occupied by students with strong co-signers. All rooms are spacious and well-kept. $92820 annual income, 10.76 GRM, 7.9 CAP%. Video tours & walkthroughs are available. Inquire about the Pro-forma/Offering Memorandum for more in-depth marketing materials!
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