1520 Page St, Philadelphia, PA 19121

$179,900
3
BD
1
BA
1,122
SqFt

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List Price
$179,900
Status
ACTIVE
MLS#
PAPH2672638
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,122
Lot Size (Acres)
0.02
Style
Traditional
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Three-bedroom rowhome, a short walk from Temple's Main Campus and inside the Temple University Police patrol zone. The living room is unusually large for a house of this footprint, with original wide-plank pine on the main level; the kitchen carries a full appliance package including dishwasher, and there is a private patio to the rear. At 1,122 SF the house works out to 374 SF per bedroom, materially more generous than the 260-340 typical of student inventory in this submarket — and that room size shows up in the rent. Leased at $1,950/month, or $650 per bedroom, with collections in the trailing year ahead of contract. Actual operating statement supports Net Operating Income of $15,265, an 8.49% cap rate at list, with expenses at 35.4% of EGI and water fully recovered from tenants. Built 1915, no tax abatement, 2026 taxes of $2,576 carried in full. Offered individually or alongside additional Temple-area properties.

Additional Information

Area
19121 (19121)
Subdivision
Temple University
School District
Philadelphia City
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Basement
Unfinished

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Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: