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1540 N 15TH ST
PHILADELPHIA, PA 19121
Asking Price
$1.20M
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
Temple University Off Campus Apartment Bldg <p><span style="color: rgba(0, 0, 0, 1)">Fantastic cash flowing investment opportunity in the heart of the Temple U area off campus housing market. This six unit building has been well cared for buy the current owner for nearly 40 years. . This building has the added bonus of extending from 15th Street to Sydenham Street with detached garage and/or plenty of vacant lot space for construction of an additional multi family property (build it yourself or subdivide and sell it). The units offer cont
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
