Philadelphia, PA 19121 1837 N Willington Street

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Presented By: EXP Realty, LLC
  • MLS# PAPH2453910
  • 03/07/2025
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Home Details

1837 N WillingtonStreet Temple is the 2nd largest university in PA and one of the largest on the east coast. With 2024 undergraduate enrollment reaching over 30,000 students, with limited on campus housing capacity, the large student population creates a consistent demand for off campus housing. This investment property is located in one of the most desirable blocks for off campus housing at Temple. It is only 1.5 blocks away from the main campus. It provides strong cash flow and stable tenancy. The annual rental income has been mostly above $60,000 ( varies between $51,600 and $63,600) for the past 5 years under current management. The CAP rate is an impressive 7.75%. The property is a well maintained duplex built in 2012. Unit A has 5 bedrooms spanning 3 levels. It comes with a fenced in private backyard. The average rent for the unit is $2500 (between $2000 and $3000) per month with 12 months leases over the past 5 years Unit B has 4 light filled bedrooms spanning 2 levels with 2.5 bathrooms and a large living room. The average monthly rent has been between $2300 and 2600. Both units are leased until 7/24/26. Financial details are available upon request.
Presented By: EXP Realty, LLC

Interior Features for 1837 N Willington Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Basement (Y/N)No
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1837 N Willington Street

AccessibilityOther
Architectural StyleOther
Cap Rate7.75
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUSE GPS
Garage Y/NNo
HeatingCentral
Lease TypeYearly
Lot Size Square Feet1036.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-04-08T22:19:55
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG230.2
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameTEMPLE UNIVERSITY
Tax Annual Amount7942.0
Tax Assessed Value567400.0
Tax Lot184
Tax Year2024
Total Actual Rent52800.00
Total SQFT2172
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2012
Year Built SourceAssessor
ZoningRM1

Exterior for 1837 N Willington Street

Foundation DetailsBrick/Mortar
Land Assessed Value113400.00
Land Use CodeW50
Lot Dimensions14.00 x 74.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $500,000
MLS#PAPH2453910
List Date 03/07/2025
Property Type Multi-Family
Phone 703.929.4729
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