This fully occupied duplex, located just two blocks from Broad Street and only a 6-minute walk to Temple University, offers an excellent turnkey investment with a cap rate over 10.33%. Unit 1 features 3 bedrooms, 2 bathrooms, a kitchen with a range, built-in microwave, dishwasher, refrigerator, fenced-in backyard, and washer/dryer. Unit 2 includes 5 bedrooms, 4 bathrooms, and a shared kitchen with a dishwasher, refrigerator, stove, and built-in microwave, plus a spacious living room area. Built in 2017, this property is designed for maximum rental income and easy management, with separate utilities for each unit—owner only pays for water. With its durable construction and prime location for student tenants, this duplex is perfect for long-term appreciation and reliable cash flow. Don’t miss out—schedule your showing today! The abatement is until the end of 2027. Buyers will need to verify this date.
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| List Price | $640,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 3,000 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2017 |
| Last Sold | May 22, 2025 |
| Sold Price | 640,000 |
| APN # | 471240500 |
| MLS # | PAPH2437668 |
| Property ID | 295395132 |
| Lot Sqft | 1,141 |
| Zoning | RM1 |
| Total Units | 2 |
| Applicances | Built-In Range,Built-In Microwave,Dishwasher,Dryer,Refrigerator,Range Hood,Stove,Washer% |
| Date Updated | May 28, 2025 |
| Date Created | January 31, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $66,360 | $0 |
| Net Income (Yr) | $ 56,184 |
| Cap Rate | 10.33% |
Katherine Vail an agent of . Lic #RS278677
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT