Description

Investment Opportunity – Spacious Duplex Minutes from Temple University.

Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132—a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market. Its convenient location near shopping and mass transit makes it highly attractive to tenants, particularly students and professionals seeking easy access to the university and city amenities.

Unit 1 features two bedrooms and one bathroom, providing comfortable living spaces. Tenants in Unit 1 have exclusive access to a backyard area, which is perfect for barbecues and outdoor gatherings. This unit is currently rented at $1,150 per month, with the lease extending until January 31st, 2026.

Unit 2 consists of three bedrooms and 3.5 bathrooms and was fully updated two years ago. It features hardwood floors, modern kitchens equipped with stainless steel appliances, and updated bathrooms. The open layout and high-end finishes provide a comfortable and stylish living environment. This unit is currently rented at $1,500 per month, with the lease expiring on September 30th, 2025. The basement includes a two-year-old sump pump.

Both units are currently rented below market value, presenting a significant opportunity for increased returns. There is definite room to increase the rents and create additional cash flow, making this an ideal opportunity for a savvy investor.

This well-maintained duplex benefits from a strong rental history, offering consistent income potential. Its close proximity to Temple University and public transportation enhances its rental appeal, making it an ideal option for students, university staff, and working professionals.

Don’t miss out on this excellent investment opportunity—schedule a showing today!