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23403144
23403150

1632 N SYDENHAM STREET, Philadelphia, PA 19121

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team
$635,000
385 days on market
Updated 6 days ago

1632 NORTH

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 2,038
Units 2
Beds 7
Cap Rate 7.00%
Occupancy 100%
Price per SqFt $312
Class A
Year Built 2016
Buildings 1
Stories 3
Investment Type Stabilized

Multifamily | 2 Units | $317,500/unit

Marketing description

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, 1612 Sydenham, 1614 Sydenham, 1701 Jefferson and 1808 Berks for a total of six (6) buildings with eighteen (18) units and sixty-four (64 beds). 1632 Sydenham joins 1612 + 1614 Sydenham on the same side of the block, offering two (2) units and seven (7) beds within over 2,000 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.

Investment 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

  • BUY ONE OR BUY ALL

Listing Contacts

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team

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Additional Information

Name
Agent PHL
License
Pennsylvania RS316262
Brokerage Phone
6106061095
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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