1812 W MONTGOMERY AVE, Philadelphia, PA 19121

• 3,411 sqft

Property Description

Motivated seller! This modern duplex, just blocks from Temple University, offers a fantastic opportunity for investors and owner occupants. Each unit features four bedrooms and two full baths, with all appliances included and contemporary finishes that make them move in ready. Currently, one room is rented on a month to month lease for $550/month, and the property has the potential to generate $4,400/month if fully rented, or $2,200/month from one unit to help offset a mortgage for an owner occupant. The property is currently assessed at $828,000, resulting in overinflated taxes. A successful tax appeal could dramatically lower the taxes, increasing the property’s cash flow and overall value. Based on potential rental income, this property offers a pro forma cap rate of 8%. Built in 2013, this duplex combines location, modern living, and strong income potential in a highly desirable Temple area neighborhood. Don’t miss your chance to own a turnkey property with multiple paths to profitability!

Listing Status:

Active

Listing Office:

Compass Pennsylvania, LLC : 2674358015

Listing Agent:

Jaiden Makhoul : 2676255700

MLS ID:

PAPH2560586

Interior

• Appliances: DishwasherDryerWaterHeaterWasherStoveRefrigeratorOven/Range - ElectricMicrowave
• A/C: Central A/C
• Heating: Forced AirElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1471157600

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Jaiden Makhoul, Compass Pennsylvania, LLC