1743 N WILLINGTON Street
1743 N WILLINGTON Street Philadelphia, Pennsylvania 19121 United States

$449,900
 Get directions
 

Keller Williams Real Estate-Conshohocken

Listing Courtesy of Keller Williams Real Estate-Conshohocken
2,188 Sq Ft.
Interior
.02 Acres
Exterior
Multi Family
Property type
1920
Year Built
PAPH2145704
Web Id
PAPH2145704
MLS ID
Philadelphia City
School District
12
days ago

About 1743 N WILLINGTON Street

Phenomenal Investment Opportunity! This income-producing duplex is located only two blocks from Temple University Main Campus, directly across the street from the police station! This well-maintained property offers one 2 bedroom 1 bathroom unit on the first floor and one bi-level 5 bedroom 2 bathroom unit on the second and third floors. The units feature beautiful hardwood floors, shaker cabinetry, tiled bathrooms with tub shower combo, and a non-coin operated washer/dryer in each unit. The bedrooms in both units have built-in closets, ceiling fans, and ample study space. The lower unit has a rear outdoor patio, which is a hot commodity among the students, perfect for entertaining friends or enjoying the fresh air. There is a full unfinished basement with a laundry area and tons of storage space. Both units are fully leased for the 2022-2023 school year (until July 2023)! This property's rental history is superb and has been student-occupied year after year, even during the height of COVID. Tenants tend to stay long term and each unit practically rents itself every year due to the safety of the police station across the street as well as its centrally located position just off of Montgomery Ave, which cuts directly through the heart of Temple's campus. The gross annual income for the 2022-2023 school year is $45,000 with estimated expenses at $10,672. With an estimated net operating income of $34,328 and offered at a 7.6% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio!

Listing Courtesy of Keller Williams Real Estate-Conshohocken

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Amenities

  • Dishwasher
  • Refrigerator
  • Wood Floors

features

cooling
Electric
Style
Traditional

PROPERTY INFORMATION

Appliances
Washer, Dryer, Built-In Microwave, Refrigerator, Dishwasher
Appliances
Washer, Dryer, Built-In Microwave, Refrigerator, Dishwasher
Basement
Full, Unfinished
Basement
Full, Unfinished
Cooling
Central A/C
Cooling
Central A/C
Heating
Forced Air
Heating
Forced Air
Sewer
Public Sewer
Sewer
Public Sewer
Style
Traditional
Style
Traditional

INTERIOR

Flooring
Hardwood, Tile/Brick
Flooring
Hardwood, Tile/Brick
Interior Features
Ceiling Fan(s), Built-Ins, Tub Shower, Upgraded Countertops, Recessed Lighting, Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Wood Floors
Interior Features
Ceiling Fan(s), Built-Ins, Tub Shower, Upgraded Countertops, Recessed Lighting, Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Wood Floors

ADDITIONAL INFORMATION

Body of Water
Public
Body of Water
Public
Listing Courtesy of Keller Williams Real Estate-Conshohocken

Keller Williams Real Estate-Conshohocken

Listing Courtesy of Keller Williams Real Estate-Conshohocken
Contact Agent