Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple University’s campus. This building has been upgraded in many ways, making it a perfect fit for the students. Key Features (1) Prime Location: Just minutes from Temple University, this building offers easy access to public transportation, dining, and entertainment, ensuring high occupancy rates year after year. (2) Unit Mix: Comprising of 2 spacious units, including a 2 bedroom and 2 bathroom unit and a 4 bedroom and 4 bathroom unit, this property caters to a diverse student demographic, maximizing rental income potential. Unit 1 is rented for $1500/mo, and Unit 2 is rented for $2800/mo. (3) Strong Rental History: With a proven track record of high occupancy and reliable rental income, this investment promises steady cash flow. Current lease agreements in place provide immediate returns. (4) Modern Amenities: Each unit is equipped with modern kitchens, stainless steel appliances, quartz countertops and much more enhancing tenant satisfaction and retention. (5) Potential for Growth: With the Philadelphia rental market getting better each day now, there’s significant potential for rental rate increases and property value appreciation. In a city known for its rich education landscape, this is perfect for both investors looking to expand their portfolio as well as new investors to get formidable experience managing a rental property.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1915
Living Area: 2,700 SqFt
Listing Office:
Office Name: OCF Realty LLC - Philadelphia
Office Phone: (215) 735-7368
Listing Agent: Scott Scuderi
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Travling East on W Berks St, make a left hand turn onto Arlington Street
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $535,000
Price Per SqFt: $198/SqFt
Tax Information:
Annual Amount: $3,075
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $273.1K more than the Median Sold Price and $1/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2403890
Listing Office:
Office Name: OCF Realty LLC - Philadelphia
Office Phone: (215) 735-7368
Listing Agent: Scott Scuderi
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Kipp North Philadelphia Charter School
2539 N 16th St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-6
1
/10
Richard R. Wright Elementary School
2700 W Dauphin St
Distance between this listing and this school0.90 miles
Public District Grades KG-5
3
/10
Mastery Charter School at Clymer
1201 W Rush St
Distance between this listing and this school1.06 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
Tanner G. Duckrey School
1501 W Diamond St
Distance between this listing and this school0.25 miles
Public District Grades KG-8
3
/10
Alliance for Progress Charter School
1821 Cecil B Moore Ave # 39
Distance between this listing and this school0.29 miles
Public Charter Grades KG-8
3
/10
Young Scholars Charter School at Frederick Douglass
2118 W Norris St
Distance between this listing and this school0.35 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Carver High School
1600 W Norris St
Distance between this listing and this school0.08 miles
Public Magnet Grades 7-12
3
/10
Tech Freire Charter School
2221 N Broad St
Distance between this listing and this school0.46 miles
Public Charter Grades 9-12
2
/10
Philadelphia Military Academy at Elverson
2118 N 13th St # 2160
Distance between this listing and this school0.48 miles
The neighbors living near this home have an average income of $14,759. The majority of Philadelphia, PA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 1727 Arlington St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,700 square foot home, which was built in 1915, sits on a 0.02 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $535,000.
While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.
From Rocket Homes Real Estate and based on county public records data.