Description
Legally zoned rooming house with CO issued, a true rarity for the area! Great opportunity for any investor with a cash flow of $3470/mo at full occupancy, this rooming house in the busy Temple University area has eight single room units, seven of which are currently occupied with great tenants, and was completely renovated in 2018. The rooming home includes 2 laundry rooms on the first floor, 3.5 bathrooms, and a large shared kitchen with stainless steel appliances and tiled floor. Already a great cash flowing asset without full occupancy and room for larger return with vacant room rented. Could also be a great lease to an organization, non-profit or other group.
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8BEDS
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0.03ACRES
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3BATHS
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11/2 BATHS
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2,586SQFT
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$164$/SQFT
Description
Legally zoned rooming house with CO issued, a true rarity for the area! Great opportunity for any investor with a cash flow of $3470/mo at full occupancy, this rooming house in the busy Temple University area has eight single room units, seven of which are currently occupied with great tenants, and was completely renovated in 2018. The rooming home includes 2 laundry rooms on the first floor, 3.5 bathrooms, and a large shared kitchen with stainless steel appliances and tiled floor. Already a great cash flowing asset without full occupancy and room for larger return with vacant room rented. Could also be a great lease to an organization, non-profit or other group.
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