$395,000

1720 ARLINGTON STREET, Philadelphia, PA 19121

  • 6 beds |
  • 3 baths |
  • 2,100 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $188/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Completely Renovated in 2019 and Rented for $3,900 Per Month, this six-bedroom, three-bathroom home is just steps from Temple University, making it a prime investment opportunity. The property currently generates significant cash flow, with in-place tenants who have renewed their lease through July 2026, ensuring long-term stability. With extremely low taxes, this property offers a conservative cap rate of 9.26% and a cash-on-cash return of just under 11.67%, which is a rare find in today's interest rate environment. Whether you're a seasoned investor or new to the market, this home provides a reliable return on investment. The layout is ideal for Temple University students, featuring large living, dining, and patio areas, spacious bedrooms, each with its own closet, and two bedrooms per level across three floors. Each set of bedrooms is paired with a private full bathroom, and the second-floor laundry closet adds to the convenience of the home. Located in the most sought-after area for off-campus student housing, this property is one of the closest to Temple University, attracting both lower and upperclassmen. As an investor wisely once said, "As long as you're on the beach, your real estate will always hold value and appreciate." This location is as close to the "beach" as it gets for Temple University students. With rising enrollment and the leadership of new President John Fry, Temple University is expected to undergo significant transformation in the next decade, further increasing the demand for housing in the area. This is an exceptional investment opportunity you won’t want to miss. Contact us today to discuss the numbers — opportunities like this don’t last long!

Listing Status:
Active
Date Added:
April 15, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Group : 6107925900
Listing Agent:
Eric D Feinberg : 4849485872
MLS ID:
PAPH2467204
  • General: Ceiling Fan(s)Bathroom - Tub ShowerBathroom - Walk-In ShowerDining AreaFloor Plan - OpenKitchen - GourmetRecessed LightingUpgraded Countertops
  • Appliances: Built-In MicrowaveDishwasherOven/Range - GasRefrigeratorStainless Steel AppliancesWasherDryer
  • Laundry: Has LaundryUpper FloorWasher In UnitDryer In Unit
  • Basement: Fully FinishedHeatedInterior AccessWindows
  • A/C: Central A/C
  • Heating: YForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Eric D Feinberg, Keller Williams Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tanner G. Duckrey School

1501 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.25 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.07 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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