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$399,900

Beds
5
Baths
3.5
sq ft
1,546

1804 W Montgomery Ave, Philadelphia, PA 19121

1804 W Montgomery Ave

PHILADELPHIA, PA 19121

  • 25 days on market
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!

Details

Property type

Townhouse

Lot size

800 sq ft

Price per sq ft

$259

Year built

1915

Annual property taxes

$1,027

HOA

No

Price History

03/07/2025
Bright

Bright #PAPH2449644

Listed
$399,900

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Status: Active

Tomo last checked: 04/01/2025 at 6:20 PM

Listing updated: 03/10/2025 at 11:59 AM

Listed by: Jim J Romano, Keller Williams Real Estate-Blue Bell Phone #: (215) 646-2900

MLS: Bright #PAPH2449644

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