Description
WELCOME TO 2020 N 18TH TOP NOTCHED FINISHES BRAND NEW CONSTRUCTION DUPLEX IN ONE THE BEST AND HIGHLY DEVELOPED BLOCK IN TEMPLETOWN. THIS POTENTIALLY SOLID INCOME PRODUCING MULTI FAMILY RM-1 ZONED AMAZING BRAND NEW CONSTRUCTION DUPLEX IS JUST A FEW BLOCKS FROM THE HEART OF THE TEMPLE CAMPUS. THIS LOCATION IS ONE THE MOST DESIRABLE LOCATION FOR TEMPLE STUDENTS TO RENT. THIS GORGEOUS DUPLEX IS WALKING DISTANCE FROM THE UNIVERSITY AND IT WAS BUILT BY ONE OF THE PHILADELPHIA’S PROMINENT BUILDERS 'KUMAS HOMES'. THIS METICULOUSLY BUILT DUPLEX GENEROUSLY OFFERS HUGE 1500 SQ FT LIVABLE SPACE FOR EACH UNITS WITH 3 BEDROOMS & 3 BATHS THAT MAKES TOTAL 6 BEDROOMS AND 6 BATHS. THE UNITS FEATURE A QUALITY FLOORING , SHAKER CABINETS, QUARTZ COUNTERTOPS, CUSTOM TILE WORK AND A WASHER/ DRYER IN EACH UNIT TO MAKE ALL UNITS TURN IN KEY FOR RENTAL. THE EXPECTED PRODUCING INCOME WILL BE OVER $50,000 YEARLY. WITH LOW OPERATING EXPENSE , THE BUILDING POTENTIALLY OFFERS AT OVER 7% CAP RATE WHICH IS ABOVE THE MARKET RATE. IF YOU ARE LOOKING FOR INVESTMENT MULTI FAMILY , NO FURTHER LOOK !! THIS WOULD BE PERFECT FOR YOUR PORTFOLIO PLEASE MAKE YOUR MOVE AND SCHEDULE SHOWING
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 27th March, 2023 11:50 PM (UTC)
