Investor special! This fully leased triplex right near Temple University is an income-generating machine, with each of the three units renting for $1,100/month--offering a potential total income of $3,300 per month. Tenants pay all utilities except water and trash, making it a low-expense, high-yield opportunity for any savvy investor.
Each unit is designed with 2 bedrooms, 1 full bathroom, and a kitchen, offering practical layouts that attract reliable tenants. With 6 total bedrooms and 3 full baths, this 3-story multi-unit building has a solid structure built for cash flow. The property operates under 12-month lease terms and has a proven rental history.
The location is a major bonus--just one minute from the BSL (Broad Street Line) at Cecil B. Moore Station, offering fast access to NRG Station and Fern Rock Transportation Center. This makes the property especially appealing to commuters, students, and working professionals. Enjoy proximity to Temple University, public transit, and several green spaces including Lawn Chairs, Beury Beach, and Ingersoll Park.
This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information.
Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate.
Whether you're a seasoned investor looking to expand your portfolio or a new buyer seeking a turnkey rental property in a growing Philadelphia neighborhood, this triplex delivers on location, income potential, and low maintenance. Don't miss your chance to own a performing asset in one of Philly's most dynamic rental markets!
Schedule your showing today!
