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1804 W Montgomery Ave
For Sale $399,900 ($258.67 per Sq Ft)
$399,900 ($258.67 per Sq Ft)
- 5 Bedrooms
- 4 Bathrooms
- 1,546 Sq Ft
- 800 Sq Ft
Description
Positioned just three blocks from Temple University’s main campus, 1804 W Montgomery Ave is a prime off-campus housing option in high demand among students. This well-maintained 5-bedroom, 3.5-bathroom student rental property offers direct access to popular student hubs like Geasy Field, Temple Track, and The Liacouras Center. The home welcomes you with a spacious living room featuring hardwood floors that flow seamlessly into the modern kitchen, complete with ample cabinetry, granite countertops, and an island with built-in sink. The bathrooms are beautifully updated, featuring full tile surrounds and a tub/shower combo. Each bedroom is generously sized and bright, with built-in closets and tons of natural light. Designed for convenience and comfort, the property also features central air and heat, in-unit laundry, and a private patio—all key amenities that appeal to student renters. Currently leased for the 2025-2026 school year at $39,600 gross annual income, with estimated expenses of $8,246, this property generates an estimated net operating income of $31,353 and is offered at a 7.84% cap rate. With a strong rental history in one of the most sought-after student housing locations, this property is a proven cash flow machine and a smart addition to any investor’s portfolio. Don’t miss out on this high-performing, turn-key investment opportunity!
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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
Property Details
| List Price | $399,900 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,546 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 471157200 |
| MLS # | PAPH2449644 |
| Property ID | 321335783 |
| Lot Sqft | 800 |
| Zoning | RM1 |
| Days on Market | 5 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Dishwasher,Washer/Dryer Stacked,Stainless Steel Appliances,Oven/Range - Gas% |
| Date Updated | March 10, 2025 |
| Date Created | March 06, 2025 |
Listing Provided By
James J Romano an agent of Keller Williams Real Estate-Blue Bell. Lic #AB069112
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Data last updated: March 11, 2025.
Robert Crawford
REAL ESTATE AGENT