1,204 SqFt
1,204 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,204 sqft
Price per Sqft $99
MLS Listing ID PAPH2657300
Style Unit/Flat
Abv Grd Liv Area 1,204
Year Built 1925
Annual Tax Amount $1,431
Tax Year 2026
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
An Investor's Dream in North Philadelphia's Fastest-Growing Corridor
Positioned within the Temple University area, this duplex offers the rare combination of potential rental income, long-term upside, and development flexibility — all in one of Philadelphia's most consistently in-demand rental markets. Whether you're a seasoned investor building a student-housing portfolio or a buyer looking for a value-add project with real teeth, this property checks every box.
Duplex featuring two (2) 1-bedroom, 1-bathroom units
Total Size: 1,204 sq. ft.
Zoning: RM-1, with potential to expand levels — room to grow both vertically and in value
Estimated After-Repair Value (ARV): $295,000
Potential Annual Rental Income: Close to $30,000
Zoning Upside: RM-1 zoning allows for the possibility of expanding levels, opening the door to additional units, added square footage, or a larger-scale redevelopment play — giving investors more than one path to increasing the property's value.
This combination of strong projected cash flow and a favorable ARV makes the deal work whether your strategy is buy-and-hold, value-add renovation, or a longer-term ground-up expansion. Location. Location. Location! The property sits within walking distance of: Temple University's facilities — a locked-in tenant base year after year, Public transportation — easy commuting for tenants without a car, Local schools — appealing to a broader range of renters beyond the student market, Shops and neighborhood amenities — the everyday conveniences tenants look for.
This isn't a static market — it's an active one. The area surrounding this property continues to see continuous new construction and investment activity, signaling sustained confidence from developers and buyers alike. As the neighborhood evolves, early positioning near campus puts this property, and its future value, squarely in the path of growth. Bottom Line: Two units. One roof. A rental strategy built around one of Philadelphia's most reliable tenant bases. Add in zoning flexibility, a strong ARV, near-$30K annual income potential, and a neighborhood that keeps attracting new investment, and this duplex stands out as a smart, scalable opportunity for investors ready to make their next move.
This property is being sold in AS-IS condition and will not last long. Sellers will make NO Repairs. Seller makes no warranty or guarantees. Buyer is responsible for clean-out, U&O, and full transfer tax. The seller will not clean out the property. Proof of funds required for all cash offers. Come take a look while this property is still available!
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Slab
Above Ground Finished SqFt 1204
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 371129200
Ownership Fee Simple
SqFt Source 1204
Acceptable Financing Cash, Conventional, Private, Other
Listing Terms Cash, Conventional, Private, Other
Financing Cash,Conventional,Private,Other
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
rakan.a@firststatehometeam.com
1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States