Homes for sale - 1720 ARLINGTON ST, Philadelphia, PA 19121

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $202

Subdivision Temple University

MLS Listing ID PAPH2467204

Style Straight Thru

Bedrooms 6

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,100

Originating Board BRIGHT

Year Built 1915

Available Date 2025-04-15

Annual Tax Amount $1,448

Tax Year 2024

Lot Size 798 Sqft

Acres 0.02

Lot Dimensions 14.00 x 57.00

Property Sub-Type Interior Row/Townhouse

Property Description

Completely Renovated in 2019 and Rented for $3,900 Per Month, this six-bedroom, three-bathroom home is just steps from Temple University, making it a prime investment opportunity. The property currently generates significant cash flow, with in-place tenants who have renewed their lease through July 2026, ensuring long-term stability. With extremely low taxes, this property offers a conservative cap rate of 8.6% and a cash-on-cash return of just under 10%, which is a rare find in today's interest rate environment. Whether you're a seasoned investor or new to the market, this home provides a reliable return on investment. The layout is ideal for Temple University students, featuring large living, dining, and patio areas, spacious bedrooms, each with its own closet, and two bedrooms per level across three floors. Each set of bedrooms is paired with a private full bathroom, and the second-floor laundry closet adds to the convenience of the home.
Located in the most sought-after area for off-campus student housing, this property is one of the closest to Temple University, attracting both lower and upperclassmen. As an investor wisely once said, "As long as you're on the beach, your real estate will always hold value and appreciate." This location is as close to the "beach" as it gets for Temple University students. With rising enrollment and the leadership of new President John Fry, Temple University is expected to undergo significant transformation in the next decade, further increasing the demand for housing in the area. This is an exceptional investment opportunity you won't want to miss. Contact us today to discuss the numbers — opportunities like this don't last long!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM-1

Direction North

Rooms

Basement Fully Finished,Heated,Interior Access,Windows

Interior

Interior Features Ceiling Fan(s),Bathroom - Tub Shower,Bathroom - Walk-In Shower,Dining Area,Floor Plan - Open,Kitchen - Gourmet,Recessed Lighting,Upgraded Countertops

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Equipment Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Dryer

Furnishings No

Fireplace N

Appliance Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Dryer

Heat Source Natural Gas

Laundry Has Laundry,Upper Floor,Washer In Unit,Dryer In Unit

Exterior

Exterior Feature Patio(s)

Water Access N

Accessibility None

Porch Patio(s)

Garage N

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 3

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 321144300

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Negotiable

Listing Terms Negotiable

Financing Negotiable

Special Listing Condition Standard