2252 N 12TH ST
Philadelphia, PA 19133

Sold 10/19/2016
Multi-Family Home

We are proud to present, on behalf of ownership, a 3 unit and 8 bedroom investment opportunity generating significant cash flow in Philadelphia, Pennsylvania. This property is also offered in a package with a property just three lots away at 2254 N 12th Street that is very similar. 2 property package is also listed on the MLS. Just 2 blocks from Temple University's main campus, the college is experiencing tremendous growth and currently has over 28,000 students at its undergraduate campus. This triplex is complete with an ideal unit mix for this market. Over the last decade, a tremendous amount of 5 and 6 bedroom units have been developed in Temple's off-campus housing market. The 2 and 4 bedroom units are extremely attractive to the student population, and that is exactly what this property provides. Built in 2013, this property is basically brand new construction and contains high-end finishes. Complete with stainless steel appliances, granite countertops, 42 inch cabinets, and hardwood floors throughout, this property was expertly built and perfect for the needs of this market. Additionally, each unit has its own HVAC system, hot water heater, and separate electric and gas meters. Considering Eric Blumenfeld's pending development projects at the Divine Lorraine and at the intersection of Spring Garden and Broad Street, and seeing Bart Blatstein about to turn the old headquarters of the Philadelphia Inquirer into a boutique hotel, as well as other pending projects along North Broad Street, the connection between Center City and Temple University's campus is about to be solidified. The market factors impacting this area and the smart design of this triplex make this a killer investment opportunity. An offering memorandum is available to qualified investors. Many expenses are estimated.

Property Details
  • Philadelphia
    school district
  • $2,226.00
    taxes
  • 2016
    built
  • 3
    stories
  • 6734614
    MLS#
Central air
Natural gas heat
Wood floors
Tile flooring
Security system
Finished basement
Full basement
School district: Philadelphia
On street parking
Stucco exterior
Lot acreage is: 0.03
Lot dimension is: 15X82
Subdivision: TEMPLE UNIVERSITY
Lot zoned: RM1
Public sewer
Public water
Units in building(s): 3
Property style: 1
Tax year: 2016
Bedrooms in unit #1: 4
Bedrooms in unit #2: 2
Bedrooms in unit #3: 2
Baths in unit #1: 2
Baths in unit #2: 1
Baths in unit #3: 1
Courtesy of:
Keller Williams Realty Group

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Name Type GreatSchools
Rating
Distance
Hartranft John F School Elementary School, Middle School / Public 3 0.42 mi.
Kensington Creative & Performing Arts High School High School / Public 1 1.2 mi.
Kensington Culinary Arts High School / Public 1 1.3 mi.
Duckrey Tanner School * Elementary School, Middle School / Public 2 0.36 mi.
Hope Partnership For Education * Middle School / Private N/A 0.38 mi.
Philadelphia Military Academy At Elverson * High School / Public 4 0.14 mi.
Address Distance Sale date Sale price
2252 N 12TH ST 0 mi. 10/19/2016 $413,000
1131 W NEVADA ST 0.04 mi. 4/25/2018 $360,000
1133 W COLONA ST 0.05 mi. 6/11/2018 $415,000
2261 N PARK AVE 0.1 mi. 12/23/2016 $365,000
2311 N PARK AVE 0.11 mi. 2/2/2017 $390,000
2315 N PARK AVE 0.11 mi. 5/21/2018 $363,000
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2252 N 12TH ST, Philadelphia, PA 19133 multi-family home was sold for $413,000.
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Data last updated: 7/22/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.