1958 N 8th St, Philadelphia, PA 19122 | Closed

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,813 Sq Ft
  • 1,073 Sq Ft
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Description

1958 N 8th Street

Temple is the 2nd  largest university in PA and one of the largest on the east coast.
With 2024 undergraduate enrollment reaching over 30,000 students, with limited on
campus housing capacity, the large student population creates a consistent demand for
off campus housing.

This investment property is located in one of the most desirable blocks for off campus
housing on the newer side of Temple. It is within walking distance to the main campus
and only one block away from the Temple train station. It provides strong cash flow and
stable tenancy.

It has ALWAYS been 100% leased up, even during and after COVID.
The annual rental income has been consistently above $47,800 for the past 4 years
under current management. The CAP rate is an impressive 8%.

The property is a large, newer construction duplex built in 2020, with high end finishes.
It still has 5.5 years remaining in its tax abatement.

Unit A has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a
fenced in private backyard. The average rent for the unit is between $1800 and $2040
per month with 12 months leases in the past 4 years.

Unit B has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a
large roof deck with impressive city views. The average rent for the unit is between
$1950 and $2100 per month.

Financial details are available upon request.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $525,000
Property Type Duplex (2-units)
Usable Sqft 2,813
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2020
Last Sold April 30, 2025
Sold Price 515,000
APN # 202113400
MLS # PAPH2453950
Property ID 293978063
Lot Sqft 1,073
Zoning RM1
Total Units 4
Date Updated June 26, 2025
Date Created March 06, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $47,880 $0
Cap Rate8.00%

Listing Provided By

Marcus Shellenberger an agent of . Lic #RS333936


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Data last updated: December 14, 2025.
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