Price Reduction
Listed By:
Becker Capital, LLC; (445) 227-3555
Address
2031 N 19Th Street, Philadelphia, PA
Price
$ 550,000
Property Attributes
  • MLS#PAPH2155542
  • TypeTownhouse
  • MunicipalityPHILADELPHIA
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • NeighborhoodTemple University
  • Zip19121
  • StyleBi-level
  • Year Built2013
  • Taxes$ 1702
  • Price$ 550,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3132
  • Lot Size871 SqFt
Data Source:
Bright MLS
Property Description

Don't miss out on this Turnkey! Check out this income-producing off-campus student housing property near Temple University! The moment you purchase, you start making money. Both units have LEASES SIGNED for the 2022-2023 academic year. Leases end at the end of July 2023 (7/22/23). Built in 2013, this this meticulously maintained property offers two 4 bedroom 2 bathroom units. Both units feature hardwood floors, granite countertops, shaker cabinetry, tiled bathrooms, a dishwasher, and washer/dryer in each unit. The lower unit has a spacious and well maintained patio attached to the rear room. This really is a turnkey investment property. Ready to make you money while steps to Temple University Main Campus where tenants emerge looking for off-campus housing every year making it easy to find new tenants if current tenants don't renew. This has been a rock solid investment producing a great consistent return for the current owner for many years! Both units are leased for the 2022-2023 school year. Potential annual gross income is $45,000 with estimated yearly expenses at $5,902 which includes taxes, insurance, and the water bill which the current owner pays. With an estimated net operating income of $39,098, this building offers excellent investment value. Priced to reflect a 7.1% cap rate, this property will be a great addition to any investor’s portfolio! Ask your agent for the links to the video tours for both units. This is a remarkable addition for the savvy investor so don't miss out! Schedule an appointment to take a look in-person or via live video tour right away!

Elementary School High School
Frederick Douglass Mastery Elementary School Strawberry Mansion High School
Price History
9/7/2022 Listed $630,000
9/16/2022 7% - $590,000
9/26/2022 7% - $550,000

General Features

Accessibility None
Appliances Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Range Hood, Washer - Front Loading
Architectural Style Bi-level
Association Y/N No
Basement Fully Finished
Bathrooms Count Main Level 2.00
Bathrooms Full Main Level 2
Condo/Coop Association Y/N No
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 27
Elementary School FREDERICK DOUGLASS MASTERY
Exclusions Tenant furniture.
Garage Y/N No
Heating Central
High School STRAWBERRY MANSION
Historic Y/N No
Levels 3
Lot Size Square Feet 981.00
MLS Area 19121 (19121)
New Construction No
Other Structures Above Grade, Below Grade
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession Negotiable
Price Per Sq Ft 175.61
Property Condition Excellent
Property Type Residential
School District THE SCHOOL DISTRICT OF PHILADELPHIA
School District 300200397108
Security Features Security System
Senior Community Y/N No
Sewer Community Septic Tank
Structure Type Interior Row/Townhouse
Subdivision Name TEMPLE UNIVERSITY
Tax Annual Amount 1702.0
Tax Lot 304
Tax Year 2023
Total Rooms 8
Vacation Rental Y/N No
Water Access Y/N No
Waterfront Y/N No
Zoning RSA5

Interior Features

Above Grade Finished Area 3132
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Y/N Yes
Bathrooms Count All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Full All Upper Levels 2
Bathrooms Full Upper Level 1 2
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 4
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Fireplace Y/N No
Full Baths 4
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Laundry Type Main Floor
Main Level Bedrooms 4
Total Baths 4
Total Bedrooms 8

Exterior Features

Living Area 3132
Fencing Wood
Foundation Details Slab
Horse Y/N No
Inclusions All kitchen appliances and washer/dryer for both units.
Lot Dimensions 16.00 x 61.00
Lot Features Rear Yard
Lot Size Acres 0.02
Lot Size Source Assessor
Navigable Water Y/N No
Spa No
Type of Parking On Street
Water Oriented Y/N No
Water Source Community
Water View Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Townhouse Average in 19121

Price
AVG $270K
$550K
Taxes
AVG $1,179
$1,702
Visits
AVG 29
9
Year Built
AVG 1933
2013

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