1426 N Willington St

Φιλαδέλφεια, PA 19121

Back on the market with a brand new roof, new tenants, new paint and an IMPROVED PRICE offered at a 8% cap rate! Fully Occupied at $5300/month with a lot of room to INCREASE rent! Group leases! Tenants pay for their own utilities with the exception of water. This is a great opportunity to own a turn key money maker in the heart of off campus housing. This duplex houses 9 beds and 5 baths total with a roofdeck and maintenance free yard,. Unit 1 rents at $2300 until 7/2023(4 bed 2 bath) and unit 2 (5 bed 3 bath) rents at $3000.00 until 8/2022 . The owner has been able to self manage the building to make the return even greater, zero vacancy under current ownership.The property is located just a few blocks from the Temple University main campus and is surrounded by new student development. The property features a rear yard and a rare to be seen roof deck, which allows it to command a premium over market rents. The property is located just south of campus between Francisville and Temple, with tons of surrounding student and market-rate developments. With increased demand for inventory on Willington, this offering presents the opportunity to acquire a turn key building to your portfolio. This building is perfect for a first time Investor or an Investor new to theTemple market. It is easy to manage.