Bought with Chantelle Monique Wise • Keys & Deeds Realty
$387,000
$399,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
2,784 SqFt
SOLD DATE : 09/10/2026
Key Details
Sold Price $387,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $139
Subdivision Temple University
MLS Listing ID PAPH2637526
Sold Date 09/10/26
Style Traditional
Abv Grd Liv Area 2,784
Year Built 1915
Annual Tax Amount $6,245
Tax Year 2026
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate.
This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence.
The property benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078 and PAPH2637494
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 2784
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 321098401
Ownership Fee Simple
SqFt Source 2784
Special Listing Condition Standard
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