1804 W Montgomery Avenue, Philadelphia, PA 19121-3115 $399,900

Beds/Baths: 5/3.1
Interior Sq. Ft: 1,546
Acreage: 0.02
Age:110 years
Style:
Other
MLS#: PAPH2449644
Subdivision: Temple University
Design/Type:
Interior Row/Townhouse

Description

Positioned just three blocks from Temple University’s main campus, 1804 W Montgomery Ave is a prime off-campus housing option in high demand among students. This well-maintained 5-bedroom, 3.5-bathroom student rental property offers direct access to popular student hubs like Geasy Field, Temple Track, and The Liacouras Center. The home welcomes you with a spacious living room featuring hardwood floors that flow seamlessly into the modern kitchen, complete with ample cabinetry, granite countertops, and an island with built-in sink. The bathrooms are beautifully updated, featuring full tile surrounds and a tub/shower combo. Each bedroom is generously sized and bright, with built-in closets and tons of natural light. Designed for convenience and comfort, the property also features central air and heat, in-unit laundry, and a private patio—all key amenities that appeal to student renters. Currently leased for the 2025-2026 school year at $39,600 gross annual income, with estimated expenses of $8,246, this property generates an estimated net operating income of $31,353 and is offered at a 7.84% cap rate. With a strong rental history in one of the most sought-after student housing locations, this property is a proven cash flow machine and a smart addition to any investor’s portfolio. Don’t miss out on this high-performing, turn-key investment opportunity!

Taxes: $1,027
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer, Dryer In Unit, Has Laundry, Washer In Unit

Garage/Parking
On Street

Interior
Built-Ins, Floor Plan - Open, Recessed Lighting, Walk-in Closet(s), Fully Finished Basement, Carpet Flooring, Hardwood Flooring, Dry Wall

Exterior
Concrete Perimeter Foundation, Flat Roof, Brick Exterior, Patio(s)

Contact Information

Listing Courtesy of: Keller Williams Real Estate-Blue Bell , (215) 646-2900

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Listing data as of 3/17/2025.