Attention Investors: Welcome to 389 E. Hector Street, a Villanova University–approved student rental located in Conshohocken Borough. This six-bedroom, three-bath, three-story, 3,300 sqft property has undergone significant renovations, including a newly renovated first floor, new kitchen with quartz countertops, and SS appliances, making it a true turnkey investment. The property was previously rented to college students for $5,000 per month prior to renovations. Based on current market conditions, projected rents range from $5,700 to $6,500 per month. With six bedrooms, three full baths, minimal expenses, and property taxes under $4,000, the numbers are extremely compelling. This is a rare, student-approved rental permit in a market where no new Villanova student rental licenses are being issued, making the permit itself highly valuable. A true investor’s dream—turnkey, low-maintenance, strong cash flow, and easily a 9+ Cap
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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