Property Description
INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS.
Three-bedroom rowhome, a short walk from Temple's Main Campus and inside the Temple University Police patrol zone. The living room is unusually large for a house of this footprint, with original wide-plank pine on the main level; the kitchen carries a full appliance package including dishwasher, and there is a private patio to the rear. At 1,122 SF the house works out to 374 SF per bedroom, materially more generous than the 260-340 typical of student inventory in this submarket — and that room size shows up in the rent. Leased at $1,950/month, or $650 per bedroom, with collections in the trailing year ahead of contract. Actual operating statement supports Net Operating Income of $15,265, an 8.49% cap rate at list, with expenses at 35.4% of EGI and water fully recovered from tenants. Built 1915, no tax abatement, 2026 taxes of $2,576 carried in full. Offered individually or alongside additional Temple-area properties.
Property Details 1520 PAGE STREET, PHILADELPHIA, PA 19121
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