3403 N 17th St, Philadelphia, PA 19140

Massive 5 BD / 3 BA Investment Opportunity in Temple Hospital Corridor - Priced to sell! Nestled just steps from Temple University Medical School, this framed-out 3,216 sq. ft. property is the ultimate blank-slate investment. Whether you're envisioning student housing, a multi-family conversion, or a spacious owner-occupied residence, this property offers endless upside at a below-market entry point. Don't miss out-schedule your showing today before another savvy investor seizes this opportunity! This property offers 5 bedrooms and 3 bathrooms with RSA5 zoning, framed out but unfinished and ready for your renovation vision. With 3,216 sq. ft. of living space, the flexible layout provides endless opportunities-whether you're considering student housing, co-living arrangements, or a multi-unit conversion, the potential is unmatched. Prime Location - Temple Hospital & Germantown (ZIP 19140): Located in a high-demand rental corridor, this property benefits from strong foot traffic and consistent tenant turnover. Just steps from Temple Hospital and Temple University Medical School, the area is anchored by a steady stream of students and professionals. With out-of-state student enrollment recently increasing by more than 35%, demand for affordable shared housing continues to climb, creating a reliable rental market. Rental Income Potential: The Temple-area rental market is one of the strongest in Philadelphia, with average rents ranging from $700-900 per room. A 5-bedroom configuration could generate $3,500-4,500 in monthly gross income, translating to $42,000-54,000 per year. Even after expenses, taxes, and a vacancy buffer, the cash flow remains compelling and sustainable for long-term investors. Value-Add Upside: With its framed-out structure, this property is a true value-add opportunity. Investors can upgrade interior finishes, install modern shared kitchens, and optimize the layout to maximize occupancy or comfort. The home could also be converted into six or more compact units or upscale shared living spaces for higher yields. Its comparatively low entry price leaves plenty of room to build equity quickly as the surrounding market continues to appreciate. Seller request usage of their title company and buyer is responsible for Use & Occupancy (U&O) requirements.

Property Features