Pending
29

1613 FRENCH ST PHILADELPHIA, PA 19121

$182,000

4

Bedrooms

2

Total Baths

2

Full Baths

1,160

Square Feet

0.02

Acres

1915

Year Built

41 days

On Website

Pending

Status

Investment opportunity at Temple University with a projected cap rate of 8.2%. The owner has been granted a zoning variance and was issued a use permit for single room occupancy. This allows up to 4 unrelated individuals to occupy this 4 bedroom rental and is rare to come by at Temple. This large turnkey single family rental has a lease in place through 7/31/2022 with a $1600 rental rate. There is significant room to increase rents over the next several years as the area continues to develop and the student rental market returns to normal. The property is located just a few blocks from Temple's main campus and is surrounded by new development. The property has 200 amp electric, updated radiators with digital thermostat, is sold with 4 new windows units and security cameras. Matterport virtual tour is available in Virtual Tours. Tenant pays all utilities.

Listed By JBMP Group

Details


Interior
Bathrooms Full
2
Bathrooms Total
2
Bedrooms Total
4
Living Area
1,160 SqFt.

Building And Construction
Property Sub Type
Single Family Residence
Property Type
Residential
Year Built
1915

Exterior And Lot
Lot Size Acres
0.02
Lot Size Square Feet
827
Lot Size Units
Square Feet
Pool
No Pool
Zoning
RSA-5

Utilities
Cooling
Window Unit(s)
Cooling Fuel
Electric
Heating
Central
Heating Fuel
Natural Gas
Hot Water
Natural Gas

Area And Schools
City
Philadelphia
County Or Parish
Philadelphia
High School District
The School District Of Philadelphia
Municipality
Philadelphia
Subdivision Name
Temple University

Financial Info
Buyer Agency Compensation
2.5%
County Tax
0.00
Short Sale
No
Tax Annual Amount
$2,534.00
Tax Year
2021

Additional Info
Price Per SQFT
156.90
School Tax
1390.00
Status Detail
Pending
Tax Total Finished SQFT
1160
Total Below Grade SQFT
0
Total SQFT
1160

Listing Office JBMP Group, 2677972175

MLS# PAPH2000840

Updated 3:21AM - 12/3/2021

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Properties Ltd participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright© 2021 Bright MLS. All rights reserved.

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