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Map
$300,000
●
Land -
Off Market
715-717 W CUMBERLAND ST
PHILADELPHIA, PA 19133
Studio
0 Bath
$319,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
The Cumberland St property comprises 16 shovel- ready one-bedroom
apartments, perfectly situated in
the growing Temple town neighborhood just outside Temple University's campus. Its prime location offers
easy access to various amenities, making it an ideal residence for students, young professionals, and small families alike.
Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rental
income of $215,424, making it a highly attractive investment opportunity for potential landlords.
The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site's easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free.
The building's architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience.
For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.
the growing Temple town neighborhood just outside Temple University's campus. Its prime location offers
easy access to various amenities, making it an ideal residence for students, young professionals, and small families alike.
Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rental
income of $215,424, making it a highly attractive investment opportunity for potential landlords.
The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site's easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free.
The building's architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience.
For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.
Unit Size
-
Days on Market
215 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Last updated: 5 months ago (Bright MLS #PAPH2220672)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 5, 2023 | Sold | $300,000 | |
Sold | |||
Aug 30, 2023 | Price Decreased |
$319,000
↓ $31K
(8.8%)
|
|
Price Decreased | |||
Aug 30, 2023 | In contract | - | |
In contract | |||
Jul 12, 2023 | Price Decreased |
$349,900
↓ $300K
(46.2%)
|
|
Price Decreased | |||
Jul 11, 2023 | Price Increased |
$649,900
↑ $285K
(78.1%)
|
|
Price Increased |
Show More
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
2
Beds
2
Baths
1,612 ft²
$194/ft²
$312,500
Jan 19, 2023
$312,500
Apr 28, 2023
$322/mo
House
3
Beds
2
Baths
2,162 ft²
$146/ft²
$315,000
Jan 13, 2023
$315,000
Feb 17, 2023
-
Townhouse
3
Beds
2
Baths
1,439 ft²
$219/ft²
$315,000
Jan 17, 2023
$315,000
Mar 13, 2023
-
Townhouse
3
Beds
3
Baths
1,400 ft²
$232/ft²
$325,000
Mar 16, 2023
$325,000
Jun 14, 2023
-
Townhouse
3
Beds
3
Baths
1,740 ft²
$176/ft²
$306,000
Oct 18, 2019
$306,000
Jan 3, 2020
-