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28699867
28699875

1133 W Colona St, Philadelphia, PA 19133

WH
PA PA319441
REAL of Pennsylvania
Listed by REAL of Pennsylvania
$489,900
191 days on market
Updated 15 days ago
Opportunity zone

1133 W Colona St, Philadelphia, PA 19133

Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 20,913
Units 2
Occupancy 100%
Price per SqFt $23
Year Built 2014
Buildings 1
Acreage 0.200
Zoning RM1
Investment Type Value Add
Ownership Fee Simple

Multifamily | 2 Units | Temple University

Marketing description

Updated Temple University Duplex – Turnkey Investment Opportunity! Welcome to 1133 W Colona Street, a fully occupied duplex—each unit featuring 4 spacious bedrooms and 2 full baths. Built in 2014, this modern property is ideal for investors looking to tap into the stable and growing student housing market in North Philadelphia. Located just two blocks from Temple University’s main campus, this prime location ensures consistent tenant demand. Whether heading to class or catching the university shuttle on late nights, tenants enjoy unbeatable convenience. Positioned just west of North Broad Street, the property offers quick access to public transportation, local amenities, and all the vibrancy of university life. Meticulously maintained and thoughtfully designed, this duplex provides a true turnkey rental opportunity. Whether you're expanding your portfolio or entering the student housing market, this is a plug-and-play asset with strong rental potential from day one. **Seller Financing Opportunity! The seller is offering flexible financing with only 10% down, allowing the new owner to save approximately 15% on the typical down payment. Buyer will have up to 24 months to refinance into a DSCR loan, with current market rates for stabilized properties in the Temple University area as low as 6.25%. The seller—an executive shareholder in a well-established mortgage company—will provide a step-by-step roadmap to assist qualified buyers through the acquisition and refinance process. Don’t miss this exceptional chance to own a new-construction duplex near Temple University with built-in financing flexibility and expert guidance.**

Listing Contacts

WH
PA PA319441
REAL of Pennsylvania
Listed by REAL of Pennsylvania

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Additional Information

Name
William Holder
License
PA319441
Brokerage Phone
484-603-6389
Brokerage Address
528 East Lancaster Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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