Monument St, Philadelphia, Home For Sale

If you are an investor looking for a safe, turnkey student rental property that has never been empty even during COVID, is low maintenance, and is rented out till July 25, 2025 (potentially 2026) this is the opportunity! $57, 418 NOI, 8.83% CAP. This 2016 construction duplex also has a rare 8 bed | 8 bath set up so it is always in demand with Temple students. It is located on one of the nicest and popular 17th block of Monument Street, only a 7-minute walk to the main campus which is one of the key reasons why this property is easy to rent out. The units have modern appliances, private washers and dryers, central AC and heating, intercoms and they are well-maintained by the tenants. All the bedrooms can fit queen-sized beds, desks, and dressers and have well-sized closets which is exactly what every tenant needs. Both units get a lot of natural light and are around 1250 sq ft each. Unit 1 has access to a large backyard and unit 2 is a bit bigger than unit 1.