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.**
For sale
Price cut: $25K (10/22)
$489,900
1133 W Colona St, Philadelphia, PA 19133
8beds
4baths
2,091sqft
Est.:
Duplex
Built in 2014
-- sqft lot
$486,600 Zestimate®
$234/sqft
$-- HOA
What's special
- 94 days |
- 90 |
- 4 |
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