1739 W Berks Street

Description

MOTIVATED SELLER! PRICED WELL BELOW MARKET VALUE!$10,000 SELLER CREDIT IF CLOSED BEFORE FEBRUARY 28, 2025!Rare opportunity to own a large duplex in the heart of Temple University's off-campus housing area. This property stands out from typical duplexes in the area with OVERSIZED rooms throughout - each unit features 4 LARGE bedrooms, 2 SPACIOUS bathrooms, (Total 8 bedrooms and 4 bathrooms multi family) 2 SPACIOUS basements for additional storage, generous living room, and access to the rear yard. Most competing duplexes have smaller bedrooms and cramped living areas. The superior room sizes and prime location have kept this building FULLY LEASED since construction.STRONG INCOME & APPRECIATION POTENTIAL: Current rent $3,600/month ($1,800/unit). Market rent $4,800/month ($2,400/unit). Income upside of $14,400/year! Property values in this Temple corridor have surged tremendously with significant room for continued growth.OPERATING ADVANTAGES: Tenants pay ALL utilities including gas, water, and PECO. Separately metered. Ultra-low operating costs with low utility expenses for the owner.ADDITIONAL BENEFIT: Property falls within Temple University's campus police patrol zone, providing added security for student tenants and peace of mind for parents - a major competitive advantage for leasing.PERFECT FOR: House hacking (live in one, rent the other), buy and hold investors, or value-add opportunity. Both units are currently tenant occupied - no vacancy risk.LOCATION: Blocks from Temple University campus. Strong student and faculty rental demand. Access to public transit and major routes. Booming neighborhood with proven rental comps at $2,400/unit.Don't miss this chance to acquire a premium duplex in one of Philadelphia's fastest-growing areas! Call or text today to schedule your showing.