$ 199,999
-
$199,999
Price -
5
Bed -
2
Bath -
1,704
SqFt
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About the Listing KELWLMW - 3180966,3359104
Investor Alert! 24-hour notice required for all showings. Currently operating as a 5-bedroom, 2 bath rental, the property generates $22,800 Gross annual rent starting August 2026 and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. The property sits in the heart of Temple University's off-campus student housing district and has long been a favorite among student renters. Featuring a private roof deck, expansive private patio, and full basement, it offers the outdoor space and amenities that consistently drive demand in the area. Its prime location and unique features make it a perennial standout for off-campus housing seekers. Offering an 8.5%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390
Listing Highlights
Status
Active
Days on Site
0
Property Type
Townhome
MLS ®
PAPH2639300
Year Built
1915
Total Square Footage
1,704
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Temple University
Area
19121 (19121)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1704
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $5,351
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
1916 N Gratz St Philadelphia, PA 19121
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