In the market for a great investment property? Look no further.
This turn key property is a student housing building situated on Temple University's campus, comprising 15 units with a total of 53 beds. Current housing occupancy rate is over 75%. Originally built in 1912, the 21,205-square-foot building underwent a complete renovation in 2019 and is currently occupied by the Kappa Delta Rho fraternity. The building boasts a combination of timeless architecture and contemporary systems and amenities. Security doors, access control intercom system and security cameras are in place and operational. The building has on-site laundry facilities.
Located on Temple University's campus and along Philadelphia's iconic Broad Street, approximately two miles from Center City, this property is highly desirable and offers great long-term appreciation potential. Qualified investors can take advantage of this opportunity to acquire real estate in an irreplaceable location that showcases exceptional craftsmanship and timeless architecture, while also providing all the modern amenities that today's market demands.
Further information available upon request.