Fully rented duplex near Temple University offering immediate rental income and strong investment potential. Both units are currently leased at $2,400 per month each, providing $4,800 in monthly rental income, or $57,600 annually. At the asking price of $520,000, the property offers an approximate 11.1% gross rental yield.Built in 2011, this well-maintained duplex features hardwood floors, newer HVAC systems, off-street parking for two vehicles, and a private rear patio. The full unfinished basement offers approximately 7–8 ft ceilings and additional potential for storage or future finished space, subject to applicable zoning, permitting, and approvals.Conveniently located near Temple University's campus and public transportation, this property offers an attractive opportunity for investors seeking an established rental property with tenants already in place. Buyer to independently verify all rental, zoning, permitting, and development information.
Fully rented duplex near Temple University offering immediate rental income and strong investment potential. Both units are currently leased at $2,400 per month each, providing $4,800 in monthly rental income, or $57,600 annually. At the asking price of $520,000, the property offers an approximate 11.1% gross rental yield.Built in 2011, this well-maintained duplex features hardwood floors, newer HVAC systems, off-street parking for two vehicles, and a private rear patio. The full unfinished basement offers approximately 7–8 ft ceilings and additional potential for storage or future finished space, subject to applicable zoning, permitting, and approvals.Conveniently located near Temple University's campus and public transportation, this property offers an attractive opportunity for investors seeking an established rental property with tenants already in place. Buyer to independently verify all rental, zoning, permitting, and development information.
Neighborhood
Type
County
Philadelphia
Area
19121
Tax Amount
$6,093
Status
Active
Listing #
PAPH2662184
Built
2011
Lot Size
0.04
Listed on site
4 days
Listing Agent Id
1700006170734
Co Listing Agent Id
300290719870