Owner Finance Available
1133 W Colona St
Philadelphia, PA 19133
🛏️
8
Bedrooms
🚿
4
Bathrooms
📏
2,091
Sq Ft
📅
2014
Year Built
Philadelphia, PA 19133
8
Bedrooms
4
Bathrooms
2,091
Sq Ft
2014
Year Built
Updated Temple University Duplex Turnkey Investment Opportunity! 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.
Property Type
Multi_family
Year Built
2014
HOA
None
Listed Price
$489,900
Free account - No credit card required
Owner financing means the seller of 1133 W Colona St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Philadelphia, PA is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Philadelphia property.