
Courtesy of: Suresh K Venkannagari, Realty Mark Associates - KOP, vsureshreddyrealtor@gmail.com
$879,000
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.03 Acres
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Other
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$879,000
1739 W BERKS Street Prime Temple University Investment Opportunity EXCEPTIONAL DUPLEX INVESTMENT - Two identical, fully independent 4BR/2BA units with separate utilities. Built 2011. Walking distance to Temple University. Booming neighborhood - property values have surged tremendously in recent years Strong appreciation potential - area continues to experience rapid growth $10, 000 SELLER CREDIT if closed before January 31, 2025! Key Investment Metrics: Current Performance: Current Rent: $3, 500/month total ($1, 750/unit) Annual Income: $42, 000 Market Potential: Market Rent: $4, 800/month total ($2, 400/unit) Annual Market Income: $57, 600 Income Upside: $15, 600/year additional potential Operating Advantages: Tenants pay ALL utilities - gas, water, and PECO Ultra-low operating costs - no utility expenses Property Features: Two Identical Units: 4BR/2BA each (8 beds, 4 baths total) 2, 958 sq ft total - 1, 479 sq ft per unit Two full unfinished basements - excellent storage or finishing potential Modern construction (2011) with forced air heating & central AC Washer/dryer in each unit On-street parking Why This Property Is a Winner: TENANTS PAY ALL UTILITIES - Gas, water, and PECO separately metered (massive advantage!) $15, 600 UPSIDE - Currently rented $1, 300/month below market TURNKEY WITH GROWTH - Tenants in place, raise rents on renewal BASEMENT VALUE-ADD - Finish basements to add bedrooms and boost rents further ULTRA-LOW OPERATING COSTS - No utility bills to manage or pay Perfect Strategy: House Hacking: Live in one unit, rent the other for $2, 400/month Other tenant covers your mortgage Build equity while living rent-free Buy & Hold Investment: Keep current tenants through transition Raise to market rents ($2, 400/unit) upon renewal Capture $15, 600+ additional annual income Option to finish basements for even higher rents Location Advantages: Prime Temple University area - blocks from campus Access to public transit & major routes Proven rental market with $2, 400/unit comps ACT FAST: Both units tenant occupied - no vacancy risk Tenants pay ALL utilities - gas, water, PECO (zero utility costs!) $15, 600 rent upside at market rates $10, 000 seller credit (expires Jan 31, 2025) Schedule your showing today!
Courtesy of: Suresh K Venkannagari, Realty Mark Associates - KOP, vsureshreddyrealtor@gmail.com
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