1839 N 17TH ST, PHILADELPHIA, PA 19121

1839 N 17 th  StreetTemple is the 2 nd  largest university in PA and one of the largest on the east coast.With 2024 undergraduate enrollment reaching over 30,000 students, with limited oncampus housing capacity, the large student population creates a consistent demand foroff campus housing.This investment property is located in one of the most desirable blocks for off campushousing at Temple. It is only 2 blocks away from the main campus. It provides strongcash flow and stable tenancy.It has ALWAYS been 100% leased up, even during and after COVID.The annual rental income has been mostly above $80,000 ( varies between $79,800and $82,500) for the past 8 years under current management. The CAP rate is animpressive 9%.The property is a large, well maintained duplex.Unit A has 6 spacious bedrooms spanning 3 levels. It comes with a full size basementfor laundry, entertainment and storage. The fenced-in backyard provides extra space forrelaxation and enjoyment. The average rent for the unit is $3750 per month with 12months leases.Unit B has 5 spacious bedrooms spanning 2 levels with 2.5 bathrooms and a large livingroom. The average monthly rent has been between $2900 and $3250.Financial details are available upon request.