Incredible investment opportunity at TU with a projected cap rate of 7.3%. This large turnkey single family rental has a lease in place through 7/31/2022 with a $1350 rental rate through 7/31/21 and $1475 from 7/31/21 - 7/31/22. Market rent is estimated at $1650 or higher during a normal Temple student rental season. There is significant room to increase rents over the next several years as the area continues to develop and the student rental market returns to normal. The property is located just a few blocks from Temple's main campus and is surrounded by new development. Matterport virtual tour is available, which was taken prior to the tenant moving in. Tenant pays all utilities.
PAPH1025456
Residential - Townhouse, Other
3
1 Full/1 Half
1925
PHILADELPHIA
0.02
Acres
Gas Water Heater, Public Water Service
Mason
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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