1612 N Sydenham St - Apartments FOR SALE


Philadelphia, PA 19121- North Philadelphia West
$699,999 USD
610-606-1095
1612 N Sydenham St, Philadelphia, PA for Sale
$699,999 USD
Apartments - FOR SALE
1/15
null | 7% Cap Rate

1612 N Sydenham St
Philadelphia, PA 19121
North Philadelphia West


HIGHLIGHTS

  • PRIME REAL ESTATE IN TOP-10 USA MSA
  • LARGEST UNIVERSITY IN PHILLY BY ENROLLMENT
  • SEA CHANGE OF POSITIVE PROGRESS LOOMING W/ NEW PRESIDENT JOHN FRY @ TEMPLE UNIVERSITY
  • STABILIZED, WELL-LOCATED PORTFOLIO OF PROFESSIONALLY MANAGED ASSETS
  • EASILY ACCESSIBLE TO MAIN CAMPUS
  • SAFE, SECURE, CLEAN PROPERTIES

OVERVIEW

This turnkey duplex is located just off main campus at Temple University — Philadelphia’s largest university by enrollment. Purchase this prime student-housing asset on its own, or as part of the collective package of multifamily properties in the TUSSP (Temple University Spring Semester Portfolio) — which also includes 1507 Oxford, 1614 Sydenham, 1632 Sydenham, 1701 Jefferson and 1808 Berks for a total of six (6) buildings with eighteen (18) units and sixty-four (64 beds). 1612 Sydenham stands side-by-side with 1614 Sydenham, offering two (2) units and eight (8) beds within 2,352 SF of rentable space. This is a turnkey investment opportunity. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." Enquire within for financials and building plans.

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$429 USD /SF

# OF UNITS

2

PRICE/UNIT

$350,000

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SYDENHAM TWINS (PACKAGE SALE OPTIONAL)

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,099 SF

ZONING

RM1

APN/PARCEL ID

471205600

ASK ABOUT THIS PROPERTY

Ryan McManusAgent PHLMore Info
610-606-1095

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Ryan McManusAgent PHLMore Info
610-606-1095

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