Property Description

Welcome to 1703 W Montgomery Avenue, a turnkey duplex investment opportunity located just two blocks from Temple University and across the street from the Philadelphia Police Department. Fully leased through July 2027 with contracted rents of $6,060/month through 7/31/26 and $5,920/month through 7/31/27, this property offers strong in-place cash flow and consistent rental demand. The building consists of two bi-level units, each featuring 4 bedrooms and 2 full bathrooms with spacious layouts designed for student living. Recent upgrades and features include solid hardwood floors, granite kitchen islands, stainless steel appliances, in-unit laundry, Goodman high-efficiency HVAC systems, security cameras, hardwired Ethernet, intercom systems, and master-keyed locks with interchangeable cylinders for efficient management. Unit 1 includes a private rear yard and finished lower level with additional living space and a granite-top bar, while Unit 2 offers expansive living space with Center City skyline views. The property also benefits from a valuable group living use permit, permitting use as a single room residence (8 rooms) within the existing structure. This is a low-maintenance, professionally maintained investment opportunity with strong cash flow, modern systems, and a prime Temple-area location.

Property Features

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