1701-3 N 20TH ST Philadelphia, PA 19121
- $1,675,000
- 8,852 sqft
- 0.08 lot
- Est payment $8991.76/mo
Neighborhood Info
Commercial in PHILADELPHIA
INVESTOR OPPORTUNITY IN THE HEARt OF TEMPLE!!! Take a look at this 12 unit income producing property consists of 5 studios, 1(1BR/1BR), 3(2BR/1BR), 2(3BR/1BR), 2(4BR/2BR). Both 4BR/2BR are currently being rented out per room. The owner pays all utilities for those two units and a house meter for both units. This property is located in close proximity of Temple University Campus and has maintained a high level of occupancy. Walking distance to a great night life with a lot of restaurants, bars, movie theaters grocery stores and more! Close proximity to some of the hottest areas in town such as Fishtown, Fairmount, Northern Liberties, downtown, and Old City. The building has coin-operated washer & dryer units as well. The units have had minor updates and all are equipped with mini split air conditioners and heat. The property is currently generating roughly 9K a month with 3 current vacancies. The potential rental income with no adjustments to rental prices is roughly 13K a month. . This property will be a very good asset to your portfolio as you will have a steady incoming cash flow from the start. This building does need a bit of love but with the right buyer could be great potential to the area and block. All serious offers will be considered. This property is part of a bigger package and can be sold with or without package.
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8,852 Sq. Ft.
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0.08 Lot
Main Features
- Listing Status: Active
- Year Built: 1915
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
- County: PHILADELPHIA
- Taxes: $12,326.00
- Tax Year: 2023
- Units: 2
- MLS Number:PAPH2201098
What's My Mortgage?
1701-3 N 20TH ST Philadelphia, PA 19121
- $1,675,000
- 8,852 sqft
- 0.08 lot
- Est payment $8991.76/mo