1508 W Tioga St - Apartments FOR SALE


Philadelphia, PA 19140- Tioga-Nicetown
$520,000 USD
610-291-3056
1508 W Tioga St, Philadelphia, PA for Sale
$520,000 USD
Apartments - FOR SALE
1/11
null | 9.61% Cap Rate

1508 W Tioga St
Philadelphia, PA 19140
Tioga-Nicetown


OVERVIEW

Introducing 1508 W Tioga St, a beautifully renovated seven-bedroom, three-bathroom home offering the perfect blend of space, comfort, and modern convenience. Located just 1-2 blocks from Temple University Medical School, Temple Hospital, Kresge Hall School of Medicine, Lewis Katz School of Medicine, Temple Pharmacy School and Shriner's Children's Hospital, this investment property is an ideal choice for students, medical professionals, and families seeking a well-appointed residence in a prime location. Spanning three levels, this expansive 2,930 sq. ft. property provides ample room to live, work, and entertain. The bright and inviting living room flows seamlessly into a modern kitchen featuring sleek countertops, stainless steel appliances, and plenty of cabinet space. A dedicated dining area offers the perfect setting for shared meals and gatherings. The home also includes a fenced-in backyard with a paved patio, creating a private outdoor retreat for relaxation or entertaining guests. Additionally, the fully accessible basement provides valuable extra storage and additional living space with a washer and dryer. Ideally positioned just minutes from the Broad Street Line, this home offers quick and easy access to Temple University, Center City and surrounding neighborhoods. Major highways, including Route 1, I-95, I-676, and I-76, are also within close reach, making commuting effortless. Situated in a Temple University security-patrolled area, residents can enjoy an added sense of safety and peace of mind. With its generous living space, modern updates, and unbeatable location, 1508 W Tioga St presents an incredible opportunity for those seeking a well-maintained and conveniently located rental. Don’t miss your chance to make this exceptional property your next investment or home! The property was just fully renovated both interior and exterior. It can also can be easily converted back to a Triplex based on its previous zoning. Revenue numbers are proforma based on the average Temple off campus housing rental cost per bedroom.

FOR SALE DETAILS

PRICE

$520,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

3

PRICE/UNIT

$173,333

CAP RATE

9.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RSA5

APN/PARCEL ID

112082400

ASK ABOUT THIS PROPERTY

Michael ChoplinRE/MAX ServicesMore Info
610-291-3056

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Michael ChoplinRE/MAX ServicesMore Info
610-291-3056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.