Bought with NON MEMBER • Non Subscribing Office
1133 W COLONA ST Philadelphia, PA 19133
UPDATED:
Key Details
Sold Price $499,900
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,091 sqft
Price per Sqft $239
MLS Listing ID PAPH2516422
Style Traditional
Year Built 2014
Available Date 2025-07-25
Annual Tax Amount $8,918
Tax Year 2024
Lot Size 1,000 Sqft
Property Sub-Type Detached
Property Description
Welcome to 1133 W Colona Street, a fully occupied duplex—each unit featuring 4 spacious bedrooms and 2 full baths. Built in 2014, this modern property is ideal for investors looking to tap into the stable and growing student housing market in North Philadelphia.
Located just two blocks from Temple University's main campus, this prime location ensures consistent tenant demand. Whether heading to class or catching the university shuttle on late nights, tenants enjoy unbeatable convenience. Positioned just west of North Broad Street, the property offers quick access to public transportation, local amenities, and all the vibrancy of university life.
Meticulously maintained and thoughtfully designed, this duplex provides a true turnkey rental opportunity. Whether you're expanding your portfolio or entering the student housing market, this is a plug-and-play asset with strong rental potential from day one.
**Seller Financing Opportunity! The seller is offering flexible financing with only 10% down, allowing the new owner to save approximately 15% on the typical down payment. Buyer will have up to 24 months to refinance into a DSCR loan, with current market rates for stabilized properties in the Temple University area as low as 6.25%.
The seller—an executive shareholder in a well-established mortgage company—will provide a step-by-step roadmap to assist qualified buyers through the acquisition and refinance process. Don't miss this exceptional chance to own a new-construction duplex near Temple University with built-in financing flexibility and expert guidance.**
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Laminate Plank
Equipment Refrigerator, Washer/Dryer Stacked, Dishwasher, Stove, Oven - Single, Microwave
Exterior
Water Access N
Roof Type Flat
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS