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Mark Reale

markreale44@gmail.com +1(610) 308-9500

$ 650,000

Est. payment | -/mo

3,900 SqFt

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$ 650,000

Est. payment | -/mo

Save Virtual Tour

3,900 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $166

Subdivision Temple University

MLS Listing ID PAPH2289436

Style Contemporary

Abv Grd Liv Area 2,925

Originating Board BRIGHT

Year Built 2014

Annual Tax Amount $1,601

Tax Year 2024

Lot Size 1,530 Sqft

Acres 0.04

Lot Dimensions 17.00 x 90.00

Property Description

Legal 10-bedroom rooming house! Yes, you read that correctly! Rarely available, impossible to find property with rental license permitting 10 single room residences close to Temple University. Set up as a duplex with each bi-level unit containing 6 bedrooms, 2 full and 2 half baths. Enter unit A into the lower level with living room, kitchen, washer/dryer, 2 beds & 1.5 baths. Stairs to the 1st level which boasts 4 more bedrooms with ample closet space, 1.5 baths and access to the large rear yard. Enter unit B and ascend to the 2nd level which has an extra-large kitchen, living room and dining room plus sliding doors to a Juliet balcony. There are an additional 2 beds and 1.5 baths on this level. Stairs to the 3rd floor take you to another 4 beds and 1.5 baths with a hall stackable laundry closet. Newly built and recently upgraded with remaining tax abatement, central air and absolutely turnkey, ready to start generating income immediately. Make no mistake, this is an absolute UNICORN. Rooming houses exist in Philly but not many legal ones. Rent individual rooms or to larger groups. Numerous scenarios and possibilities that make this an excellent blue-chip investment. 12 total bedrooms in property but rental license is for 10 single room residences. Buyer to confirm with L&I on specific use options and requirements. Will not last, schedule your showing today!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Patio(s)

Water Access N

Accessibility None

Porch Patio(s)

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321256200

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Bryan J Capone • KW Empower

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Mark Reale

Broker-Owner | Lic# RM423246

markreale44@gmail.com

+1(610) 308-9500

140 S Village Avenue Suite 125, Exton, PA, 19341

1925 N 19TH ST Philadelphia, PA 19121

Mark Reale

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1925 N 19TH ST