
Considering investing in Philadelphia residential real estate? If you plan to purchase Philadelphia real estate and rent your property, you may want to invest in Philadelphia’s developing neighborhoods and one of the best, hot places is housing for Temple University students.
Consider these points about Temple housing:
- Temple can only house their freshmen class. This leaves a great demand for student housing in the city.
- Temple is located in the area of North Philadelphia that has gone through and is still in the process of revitalization. This creates great opportunities to purchase property as a great investment with monthly CASH FLOW.
- Temple students pay anywhere from $ 375 to $ 700 PER ROOM for rent, giving you positive cash flow every month.
- You must make sure your property is zoned properly.
- Students begin looking for housing from May to August.
We have available an investment property that falls into all of the criteria above. Now is the perfect time to take possession of an investment property near Temple University. The timing of rehab needed, will allow an astute investor to have this property ready for the fall housing period.
And not only do properties around the Temple area provide a nice cash flow and also appraise at a high After Repair Value (ARV) but the taxes are very low compared to other major cities. The annual real estate taxes on the above mentioned property is $ 119 per year - that's not a misprint. $ 119 PER YEAR!
With the recently announced 1.6 million dollar grant that Temple will receive to develop new technologies in pharmaceutical waste, the Temple area continues to play a major roll in Philadelphia's employment and education. Philadelphia residential real estate investors would be smart to consider this the area of Philadelphia real estate growth. Contact us at www.sellphillyproperty.com.

Sounds good in theory.
ReplyDeletePeople seem to have been talking about this for the past few years that Temple has been expanding, but the neighborhoods seem to not have taken off as much as expected.
Any ideas why this might be?