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Key Details
Sold Price $1,465,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID 1000019182
Sold Date 08/07/15
HOA Y/N N
Originating Board TREND
Year Built 2013
Annual Tax Amount $198
Tax Year 2015
Lot Size 1,800 Sqft
Acres 0.04
Lot Dimensions 18X100
Property Description
Temple University Turn Key Investment Opportunity! Located 1-2 blocks from Temple University where approximatley 38,650 students attend and approximatly 10,000 of them living in student housing. Newly Constructed Multi-Building - Ready with Great Cash Flow - 8.8% Cap Rate! - Can purchase separately or as a package. These 2 4-story buildings underwent complete renovation in 2012 and include 7 bedrooms. There are 4 4-bedroom units, & 4 3-bedroom units. At 95% occupancy rate. These buildings are also being offered in addition to 1519-21 N 16th Street (MLS 6538675) and can be a package deal. Tax Id #'s 321035801 & 321035901.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Waterfront N
Water Access N
Road Frontage Boro/Township
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321035801
Ownership Fee Simple
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Bought with Il Hwan Kim • BHHS Fox & Roach-Blue Bell
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