REO Sale — Calling All Investors! $52,800 Gross Annual Income Potential. This mixed-use triplex, located just steps from Temple University’s Main Campus, offers outstanding value-add potential and a projected 8% cap rate based on current pro-forma numbers.
With projected market rents of $4,400/month (? $52,800/year), this asset delivers a strong income profile. After expenses, the building produces a projected NOI of $42,553, making this an attractive opportunity for buy-and-hold investors seeking solid returns in a rapidly developing corridor.
The property features a bi-level white box commercial space on the first floor that has a layout perfectly suited for a barber shop, salon, or personal-service business. The space is ready for an investor or entrepreneur to complete and capture commercial income immediately. Upstairs are two full-floor residential units, each configured as 2 bedrooms / 2 bathrooms, spanning the entire 2nd and 3rd floors. These units offer spacious layouts, strong rental appeal, and excellent upside—especially in a market where well-located 2BR units near Temple can command premium rents.
The building is currently vacant, allowing for a full renovation strategy, immediate repositioning, or lease-up without tenant interruptions. Whether you’re an investor seeking cash flow, value-add potential, or long-term appreciation, this property presents a rare opportunity at a compelling price point.
The income description goes here to explain
| List Price | $529,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,466 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871541880 |
| MLS # | PAPH2564854 |
| Property ID | 294629350 |
| Lot Sqft | 1,307 |
| Zoning | CMX1 |
| Total Units | 3 |
| Days on Market | 26 |
| Original List Price | Unknown |
| Date Updated | December 08, 2025 |
| Date Created | December 07, 2025 |
Guillermo Salas III an agent of EXP Realty, LLC. Lic #AB067011
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT