2014 N 20Th St, Philadelphia, PA 19121

Description

4.99% Permanent Rate — No Buydown Required
Special FHA financing available through our preferred lender. Qualified buyers can lock in a 4.99% fixed rate for the full 30-year term — no temporary buydown, no gimmicks.
Price-improved investment opportunity near the Temple University corridor. Built in 2015, this spacious duplex features two separate 4-bedroom, 3-bathroom units, approximately 2,462 total square feet, central air and a competitive price of approximately $171 per square foot.

The property currently generates $3,366 per month, or $40,392 annually. Unit 1 is rented for $1,971 per month, with the current lease ending October 31, 2026. Unit 2 is rented for $1,395 per month on a month-to-month basis. Current rents may provide future income-growth potential as leases turn over, subject to applicable lease terms and rental regulations.

Comparable four-bedroom rental offerings in and around the 19121 and Temple-area market currently range from approximately $1,800 to $3,100 per month, depending on condition, size, location and amenities. This gives an investor the opportunity to evaluate the property’s current income alongside its potential for future rent growth.

Now offered at $419,999 following a significant price improvement from $479,999. The property offers eight total bedrooms, six full bathrooms, newer construction and two full-size units near Temple University, public transportation and established rental demand. Schedule your showing and explore the income potential of this well-positioned multifamily property.