Michael F. Barrett
Coldwell Banker Realty One
"Our Lives Are Constantly Changing
Make a Positive Change With The Barrett Team"
"Our Lives Are Constantly Changing
Make a Positive Change With The Barrett Team"
Temple University off-campus student housing opportunity in A++ location on SydenhamStreet, one-half block off Cecil B Moore Avenue, the heart of Main Campus. Well-maintained eleven-unit property, consisting of three contiguous properties, with a ten year operating history at 100% occupancy. The three properties located at 1613-17 N Sydenham consist of one Triplex and two Quads. In total, the unit mix includes four 4-bed/2 full baths, three 3-bed/1.5 baths, and four 2-beds/1 bath, totaling 33 beds. Gas and electric utilities are separately metered and paid by tenants. Spacious layouts with hardwood floors throughout and private enclosed outdoor areas for all first floor tenants. All units fully leased for the 2019-20 school year! Great income producing opportunity with annual gross income of$257,855! Cosmetic value-add opportunity to increase rents even further. With this location, it will not last long, schedule your showing today before this opportunity is gone!
