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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 620,000

Est. payment | -/mo

2,736 SqFt

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$ 620,000

Est. payment | -/mo

Save Virtual Tour

2,736 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $226

Lot Size 1,589 Sqft

MLS Listing ID PAPH2618268

Style Other

Subdivision Temple University

Total Units 2

Short Sale No

Originating MLS BRIGHT

Property Description

Welcome to 1703 W Montgomery Avenue, a turnkey duplex investment opportunity located just two blocks from Temple University and across the street from the Philadelphia Police Department. Fully leased through July 2027 with contracted rents of $6,060/month through 7/31/26 and $5,920/month through 7/31/27, this property offers strong in-place cash flow and consistent rental demand. The building consists of two bi-level units, each featuring 4 bedrooms and 2 full bathrooms with spacious layouts designed for student living. Recent upgrades and features include solid hardwood floors, granite kitchen islands, stainless steel appliances, in-unit laundry, Goodman high-efficiency HVAC systems, security cameras, hardwired Ethernet, intercom systems, and master-keyed locks with interchangeable cylinders for efficient management. Unit 1 includes a private rear yard and finished lower level with additional living space and a granite-top bar, while Unit 2 offers expansive living space with Center City skyline views. The property also benefits from a valuable group living use permit, permitting use as a single room residence (8 rooms) within the existing structure. This is a low-maintenance, professionally maintained investment opportunity with strong cash flow, modern systems, and a prime Temple-area location.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Building

New Construction N

Foundation Other

Lot Dimensions 18.00 x 90.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District Philadelphia City

Others

Tax Amount $7,914

Tax Year 2025

Tax ID 321116400

Ownership Fee Simple

SqFt Source 2736

Special Sale Standard

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Listed by Ed Foy • KW Empower

1703 W MONTGOMERY AVE Philadelphia, PA 19121