UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $225
Subdivision Philadelphia (Northwest)
MLS Listing ID PAPH2597220
Style Bi-level,Contemporary,Straight Thru,Split Level,Unit/Flat,Other
Abv Grd Liv Area 1,839
Year Built 2014
Available Date 2026-04-01
Annual Tax Amount $7,208
Tax Year 2025
Lot Size 815 Sqft
Acres 0.02
Lot Dimensions 15.00 x 54.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Each unit features hardwood floors, central air and heat, in-unit washer and dryer, and abundant natural sunlight throughout. The property has been professionally maintained by a full-service property management company, offering investors confidence in the condition, operations, and tenant management history. Separate utilities further enhance efficiency and help maximize net income.
The property currently generates nearly $40,000 in annual income with immediate in-place cash flow from day one. A major value-add opportunity arrives in July when Unit B becomes vacant, creating the perfect opportunity for an investor to quickly reposition the unit and capture higher market rents, significantly increasing revenue and improving overall returns. With continued strength in Temple-area rental demand, this vacancy provides a near-term catalyst for income growth without waiting for long lease rollover timelines.
For owner-occupants, the upcoming vacancy also presents a rare opportunity to live in one unit while benefiting from strong rental income from the second apartment. For investors, this is an ideal chance to increase NOI and force appreciation through rent growth in the near term.
The location is exceptionally attractive to tenants—just minutes from Temple University Main Campus and surrounded by popular nightlife, restaurants, and neighborhood staples including Maxi's Pizza Subs & Bar, The Draught Horse, and Pub Webb. Tenants also benefit from easy access to shopping, dining, and convenient transportation via the SEPTA Broad Street Line and multiple bus routes.
The property is being offered individually or as part of a portfolio package with nearby properties at 1716 W Norris St and 1921 N Gratz St, presenting a rare opportunity to acquire three income-producing assets within approximately two blocks of one another in a proven high-demand rental market.
Strong in-place cash flow, professional management history, near-term rent upside, and modern construction make this a standout Temple-area investment with immediate upside potential.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Central A/C
Flooring Hardwood
Inclusions All appliances in "as-is" condition with no monetary value
Fireplace N
Heat Source Electric
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Other, Water Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 1839
Sewer Public Sewer
Water Public
Architectural Style Bi-level, Contemporary, Straight Thru, Split Level, Unit/Flat, Other
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall,High,Other
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 321149622
Ownership Fee Simple
SqFt Source 1839
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS