1804 W MONTGOMERY AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,546 sqft
Price per Sqft $258
Subdivision Temple University
MLS Listing ID PAPH2449644
Style Other
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1915
Annual Tax Amount $1,027
Tax Year 2024
Lot Size 800 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
Positioned just three blocks from Temple University's main campus, 1804 W Montgomery Ave is a prime off-campus housing option in high demand among students. This well-maintained 5-bedroom, 3.5-bathroom student rental property offers direct access to popular student hubs like Geasy Field, Temple Track, and The Liacouras Center. The home welcomes you with a spacious living room featuring hardwood floors that flow seamlessly into the modern kitchen, complete with ample cabinetry, granite countertops, and an island with built-in sink. The bathrooms are beautifully updated, featuring full tile surrounds and a tub/shower combo. Each bedroom is generously sized and bright, with built-in closets and tons of natural light. Designed for convenience and comfort, the property also features central air and heat, in-unit laundry, and a private patio—all key amenities that appeal to student renters. Currently leased for the 2025-2026 school year at $39,600 gross annual income, with estimated expenses of $8,246, this property generates an estimated net operating income of $31,353 and is offered at a 7.84% cap rate. With a strong rental history in one of the most sought-after student housing locations, this property is a proven cash flow machine and a smart addition to any investor's portfolio. Don't miss out on this high-performing, turn-key investment opportunity!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood,Carpet
Inclusions All appliances in as is working condition.
Equipment Built-In Microwave,Dishwasher,Washer/Dryer Stacked,Stainless Steel Appliances,Oven/Range - Gas
Laundry Has Laundry,Washer In Unit,Dryer In Unit
Exterior
Exterior Feature Patio(s)
Water Access N
Roof Type Flat
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard