Turnkey – Fully rented! Well maintained 10-year-old income producing duplex near Temple University with proven rental history due to the location one block from campus and well thought out floor plans that include nine foot ceilings.. Current owner built the property but is looking to retire. 8+% cap rate due to low maintenance/expenses. Unit 1: 4 Bedroom/2 Bath. Unit 2: 5 Bedroom/3 Bathroom. Rent Collected $4,575 per month. Both apartments are fully rented until August 2023. Management company in place if new owner wants to take a more hands off approach. Available with duplex two doors down at 2219 N Camac. Can be purchased with additional Temple area properties if buyer is interested in creating larger portfolio in the area. Broad Street Subway is two blocks away. Good, tenant respected/responsive owner shows in the quality of the tenants. Tenants pay electric, gas, and water. Low 2023 taxes. Owner saves on Lead inspection fees since property is 100% lead free as newer construction.
Agents, please contact listing agent for additional details.
Courtesy of: Higgins & Welch Real Estate, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th November, 2022 9:58 AM (UTC)