PA
PHILADELPHIA
PHILADELPHIA
19121
1839 N 17TH STREET
1839 N 17TH STREET, PHILADELPHIA, PA 19121
Listing Type
Multi Family
Listing Status
active
17
$625,000

Home Details for 1839 N 17TH STREET

Price
$625,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
2721
Year built
2011
Lot size acres
0.04
County
PHILADELPHIA
Garage
Days on site
2
MLS Listing#
PAPH2453936
Listing Courtesy: EXP Realty, LLC - 888-397-7352
Property Description

1839 N 17 th  Street Temple is the 2 nd  largest university in PA and one of the largest on the east coast. With 2024 undergraduate enrollment reaching over 30,000 students, with limited on campus housing capacity, the large student population creates a consistent demand for off campus housing. This investment property is located in one of the most desirable blocks for off campus housing at Temple. It is only 2 blocks away from the main campus. It provides strong cash flow and stable tenancy. It has ALWAYS been 100% leased up, even during and after COVID. The annual rental income has been mostly above $80,000 ( varies between $79,800 and $82,500) for the past 8 years under current management. The CAP rate is an impressive 9%. The property is a large, well maintained duplex. Unit A has 6 spacious bedrooms spanning 3 levels. It comes with a full size basement for laundry, entertainment and storage. The fenced-in backyard provides extra space for relaxation and enjoyment. The average rent for the unit is $3750 per month with 12 months leases. Unit B has 5 spacious bedrooms spanning 2 levels with 2.5 bathrooms and a large living room. The average monthly rent has been between $2900 and $3250. Financial details are available upon request.

Property Features
  • Cooling Information
    • Central Air
    • Gas
  • Heating Information
    • Natural Gas
    • Central
  • Water Features
    • Public
  • Parking
    • None
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Last Updated: 2025-03-08 20:26:09
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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