Home Details
Prime Investment Opportunity Fully Licensed Duplex Near Temple University!
Located in the heart of the Temple University area, this high-income-producing duplex is a perfect opportunity for investors seeking steady cash flow. The property features two spacious units, each designed for premium rental income. The first unit offers 4 bedrooms and 4.5 baths, while the second unit boasts 5 bedrooms and 5.5 bathsboth rented by the room to maximize returns. With rental licenses already in place, separate utilities, and central air, this property is a great turnkey investment.
Tenants will appreciate the modern layout, private bathrooms, and proximity to Temple University, public transit, and local amenities. Investors will love the strong rental demand, minimal vacancy, and hassle-free management. Generating $4,900 per month in rental income, this is a high-yield investment in one of Philadelphias most sought-after rental markets.
This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information.
Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate.
13-month HWA home warranty will be included with acceptable offer. This must be included in the Agreement of Sale.
With a Walk Score of 83, daily errands are a breeze, making it easy to get around without needing a car.
The Transit Score of 82 highlights the areas excellent public transportation options, ensuring convenient access to most destinations.
A variety of dining options are just minutes away, including Diamond Pizza, ENI Deli, Temple Star Chinese Restaurant, and Philly Style Pizza and Grill.
For education, the neighborhood is home to Tanner Duckrey School, Carver High School, and the Temple University Newman Center.
Grocery shopping is convenient with nearby options like Lora Mini Market, Hue Fusion Food Market, and The Fresh Grocer.
Plus, the Susquehanna-Dauphin Station on the BSL line is just seven minutes away, providing quick access from NRG Station to Fern Rock TC.
For outdoor recreation, residents can enjoy Fotterall Square, Reyburn Park, and the historic Connie Mack Stadiumall within close reach.
Don't miss this opportunity to add a profitable, fully operational property to your portfolio. Schedule your showing today!
Presented By: RE/MAX @ HOME