Newly Constructed 3 unit rental property in booming Temple University neighborhood. First class construction managed by Michael Rufo of Anchor Management, this is well built and well conceived design. 10 Year Tax Abatement. Each unit has out door space either a large deck or a large yard for the first floor. Estimated gross monthly rents of $6000 yield a strong 6.5 Cap Rate(assumes $18k expenses). Property is ready to tour and will be fully completed by February of 2020. Strong rental market consisting of Temple Students, Profs and workforce, as well as Center City professionals and restaurant/hotel/entertainment industry workers.
PAPH854880
Townhouse, Other
PHILADELPHIA
1915
0.04
Acres
Gas Water Heater, Public Water Service
Mason
Public Sewer
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