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2252 North Park Avenue

Philadelphia PA 19132

3
1973 sq. ft.
1536 sq. ft.
Duplex
Currently for sale - view listing

Overview

Welcome to 2252 N Park Ave. This property is being sold as a 3 property, 9-unit package for $1,560,000. The three properties are 2217 N Park Ave, 2252 N Park Ave, and 2128 N 16th. All three properties are located within the highly desirable Temple University submarket. Each property is a triplex consisting of 3 (3 beds 1 bath). The total unit count is 9 units with 27 beds. The rents are all provided in attached PDFs with an overview, value add, financing, and amortization schedule. Current rents are 25% below market value allowing the new owner to increase rents for the 2022-2023 school year which will yield immediate returns. The average unit rent can be increased to $1400. This package is perfect for a seasoned investor looking to add value to their portfolio, grow their Temple University footprint, and or for a new investor looking to get into student housing.

Features

3 bedrooms
1973 sq. ft. floor area
1536 sq. ft. lot size
Duplex

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