1540 N 15Th Street

Six Units Plus Garage! Fantastic cash flowing investment opportunity in the heart of the Temple U area off campus housing market. This six unit building has been well cared for by the current owner for nearly 40 years. With a lot that extends from 15th Street to Sydenham Street you will have the option of subdividing and building an additional multi family property. The units offer contemporary and well maintained finishes but can certainly be refreshed to increase the rents. All units are spacious and easily rented. Unit 1F is a Studio, Unit 1R is a 2BR/1BA Owner's Unit on ground floor, Units 2F and 2R are each 1BR/1BA, Unit 3F is a bilevel 2BR/1BA and Unit 3R is a 1BR/1BA. Gross income represents 5 units of paying tenants and projected income from the owner's unit. The garage projects to rent for about $300 a month. All utilities are separated and the systems are up to date. Owner must have time to lease back following settlement. Property is being sold as-is, seller will not make repairs or inspection concessions.