39.978043 -75.16035

1613-1617 N SYDENHAM ST Philadelphia, PA 19121

251522671 39.978043 -75.16035 230 /listing/251522671-150281219/1613-1617-n-sydenham-st-philadelphia-pa-19121 False 0 2625000.0 12000 101 PAPH837304 False
  • $2,625,000
  • 12,000 sqft
  • 0.10 lot
  • Est payment $14091.57/mo

Property & Neighborhood Info

Courtesy Of BHHS Fox & Roach-Art Museum

Commercial in PHILADELPHIA

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!

Courtesy Of BHHS Fox & Roach-Art Museum
  1. 12,000 Sq. Ft.
  2. 0.10 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1920
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA
  • Taxes: $4,992.00
  • Tax Year: 2019
  • Units: 11
  • Subdivision: Temple University
  • MLS Number:PAPH837304

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • Natural Gas
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 12000.00
  • Business Type:
    • Apartment Building
  • New Construction:
    • No
  • Water Source:
    • Public
  • Waterfront:
    • No
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • List Type (Exclusive):
    • Exclusive Right
  • Rental Features:
    • No
  • Assessment Year:
    • 2019
  • Cap Rate:
    • 7.00
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Subject to Existing Lease
  • Price Per SQFT:
    • 218.75
  • Rent Amount:
    • 254160.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Michael F. Barrett
Michael F. Barrett
2600 Philmont Avenue Suite 100 Huntingdon Valley PA 19006
Let us help you!
39.978043 -75.16035

1613-1617 N SYDENHAM ST Philadelphia, PA 19121

251522671 39.978043 -75.16035 230 /listing/251522671-150281219/1613-1617-n-sydenham-st-philadelphia-pa-19121 False 0 2625000.0 12000 101 PAPH837304 False
  • $2,625,000
  • 12,000 sqft
  • 0.10 lot
  • Est payment $14091.57/mo