This three-story, two-unit, and ten-bedroom duplex home provides investors with multiple income streams. It was built in 2015 and is a rare find perfect for student housing within walking distance of Temple University and in the heart of Philadelphia.
Each unit in this cozy home has a welcoming living room, functional kitchen, and spacious bedrooms with window access to greenery and natural light.
Five three-quarter-size bathrooms and one half-size bathroom are sufficient to meet tenants' private requirements. Hardwood floors were recently upgraded to enhance the vibe and are easy to maintain. Other amenities include central A/C, in-unit washer-dryer, granite countertop, dishwasher, and microwave. The property also has a private, gated backyard - ideal for relaxing and gathering with friends and family.
The rental income from Philadelphia-D2 has always been stable and will likely deliver lucrative returns in the future because of the property's student-friendly nature. Investors can also enjoy property tax exemption on the duplex until 2025 because of Philadelphia's residential tax abatement program.