PA > Philadelphia
Philadelphia, PA 19121,1727 ARLINGTON ST
Philadelphia, PA 19121,1727 ARLINGTON ST
Philadelphia, PA 19121,1727 ARLINGTON ST
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$535,000
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2,700 SqFt
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1727 ARLINGTON ST Philadelphia, PA 19121

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

09/30/2024 07:07 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $198

MLS Listing ID PAPH2403890

Style Traditional

Abv Grd Liv Area 2,700

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $4,976

Tax Year 2024

Lot Size 1,035 Sqft

Acres 0.02

Lot Dimensions 15.00 x 69.00

Property Description

Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple University’s campus. This building has been upgraded in many ways, making it a perfect fit for the students.
Key Features (1) Prime Location: Just minutes from Temple University, this building offers easy access to public transportation, dining, and entertainment, ensuring high occupancy rates year after year. (2) Unit Mix: Comprising of 2 spacious units, including a 2 bedroom and 2 bathroom unit and a 4 bedroom and 4 bathroom unit, this property caters to a diverse student demographic, maximizing rental income potential. Unit 1 is rented for $1500/mo, and Unit 2 is rented for $2800/mo. (3) Strong Rental History: With a proven track record of high occupancy and reliable rental income, this investment promises steady cash flow. Current lease agreements in place provide immediate returns. (4) Modern Amenities: Each unit is equipped with modern kitchens, stainless steel appliances, quartz countertops and much more enhancing tenant satisfaction and retention. (5) Potential for Growth: With the Philadelphia rental market getting better each day now, there’s significant potential for rental rate increases and property value appreciation.
In a city known for its rich education landscape, this is perfect for both investors looking to expand their portfolio as well as new investors to get formidable experience managing a rental property.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Other

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility 32\"+ wide Doors, 36\"+ wide Halls

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321146800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Scott Scuderi • OCF Realty LLC - Philadelphia

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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1727 ARLINGTON ST

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