1408 N Willington Street Philadelphia, PA 19121
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This income-producing Temple University duplex is a can’t miss and would be a great addition to a savvy investor's portfolio or for a first-time investor! Located just a few blocks from Temple University, this beautiful property offers one 4 bedroom 3 bathroom unit (lower unit) and one 5 bedroom 3 bathroom unit (upper unit). The units feature hardwood floors, recessed lighting, nice-sized bedrooms with custom built-in closets, fully equipped kitchens with stainless steel appliances, granite countertops, and breakfast bar, tiled bathrooms with tub shower combo, and a washer/dryer in each unit. The lower unit has access to a fenced patio and the upper unit boasts a huge rooftop deck! Both units are fully leased for the 2022-2023 school year. The gross annual income for the 2022-2023 school year is $77,700 with estimated expenses at $12,874. With an estimated net operating income of $64,826 and offered at an 8.10% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! Schedule an appointment today!
| 12 hours ago | Listing updated with changes from the MLS | |
| 2 months ago | Listing first seen online |
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