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$399,900

Est. payment - /mo

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5 BD

4 BA

1,546 SqFt

New

1804 W MONTGOMERY AVE Philadelphia, PA 19121

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Mark J. Lawter

marklawter@gmail.com +1(703) 608-9998

UPDATED:

03/07/2025 03:11 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,546 sqft

Price per Sqft $258

Subdivision Temple University

MLS Listing ID PAPH2449644

Style Other

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,546

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,027

Tax Year 2024

Lot Size 800 Sqft

Acres 0.02

Lot Dimensions 15.00 x 53.00

Property Sub-Type Interior Row/Townhouse

Property Description

Positioned just three blocks from Temple University's main campus, 1804 W Montgomery Ave is a prime off-campus housing option in high demand among students. This well-maintained 5-bedroom, 3.5-bathroom student rental property offers direct access to popular student hubs like Geasy Field, Temple Track, and The Liacouras Center. The home welcomes you with a spacious living room featuring hardwood floors that flow seamlessly into the modern kitchen, complete with ample cabinetry, granite countertops, and an island with built-in sink. The bathrooms are beautifully updated, featuring full tile surrounds and a tub/shower combo. Each bedroom is generously sized and bright, with built-in closets and tons of natural light. Designed for convenience and comfort, the property also features central air and heat, in-unit laundry, and a private patio—all key amenities that appeal to student renters. Currently leased for the 2025-2026 school year at $39,600 gross annual income, with estimated expenses of $8,246, this property generates an estimated net operating income of $31,353 and is offered at a 7.84% cap rate. With a strong rental history in one of the most sought-after student housing locations, this property is a proven cash flow machine and a smart addition to any investor's portfolio. Don't miss out on this high-performing, turn-key investment opportunity!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Built-Ins, Floor Plan - Open, Recessed Lighting, Walk-in Closet(s)

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Carpet

Inclusions All appliances in as is working condition.

Equipment Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances, Oven/Range - Gas

Fireplace N

Appliance Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances, Oven/Range - Gas

Heat Source Natural Gas

Laundry Has Laundry, Washer In Unit, Dryer In Unit

Exterior

Exterior Feature Patio(s)

Water Access N

Roof Type Flat

Accessibility None

Porch Patio(s)

Garage N

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 471157200

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by James J Romano • Keller Williams Real Estate-Blue Bell

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Mark J. Lawter

+1(703) 608-9998

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1804 W MONTGOMERY AVE Philadelphia, PA 19121

Mark J. Lawter

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1804 W MONTGOMERY AVE