For Sale

Listed by James Romano and Christopher Romano

Source: Bright MLS #PAPH2449644

1804 West Montgomery Avenue, Philadelphia, PA, 19121

$399,900

5
4
1546 sq. ft.
800 sq. ft.

Townhouse

30+ days on the market

What's around 1804 West Montgomery Avenue

About this property

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!

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