$370,000

Estimated payment $2,345/month

Total Views 1,961
-- Bed
-- Bath
2,586 Sq Ft
$143 Price per Sq Ft

Highlights

  • Ceiling height of 9 feet or more
  • 4-minute walk to Susquehanna-Dauphin
  • 2-minute walk to Penrose Playground
  • Forced Air Heating and Cooling System

About This Home

An exceptional investment opportunity awaits at 2212 N Camac Street, a fully leased and legally zoned rooming house in the heart of the thriving Temple University area. With a Certificate of Occupancy in place and consistent rental income, this property is a rare find for investors seeking a high-yield, cash-flowing asset in a prime location.

This well-maintained property features eight single-room units, all currently occupied by reliable tenants, generating a strong monthly rental income of $4,860 at full occupancy. Designed for both functionality and convenience, the home includes 3.5 bathrooms, two fully equipped laundry rooms on the first floor, and a spacious shared eat-in kitchen with stainless steel appliances and tiled flooring. The layout ensures comfortable living for tenants while maintaining ease of management for the owner.

Located just steps from Temple University, this property benefits from high tenant demand and proximity to a wide range of amenities. Residents enjoy easy access to shops, restaurants, public transportation, and North Philadelphia’s vibrant cultural scene, making this a sought-after rental option. Whether you're looking to expand your portfolio or secure a turnkey investment, this fully leased rooming house presents an outstanding opportunity in a rapidly growing market.

Listing Agent

Anthony Castaneda

Opus Elite Real Estate License #RS325527 Listed on: 02/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,982

Year Built

  • Built in 1915

Lot Details

  • 1,388 Sq Ft Lot
  • Lot Dimensions are 17.00 x 82.00

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,586 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 371252300

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $158
  • Manager Expense $230
  • Operating Expense $14,742
  • Gross Income $58,320
  • Net Operating Income $43,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,982

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Expected On Market: 2/25/2025 12:00:00 AM
  • Year Built: 1915
  • Remarks Public: An exceptional investment opportunity awaits at 2212 N Camac Street, a fully leased and legally zoned rooming house in the heart of the thriving Temple University area. With a Certificate of Occupancy in place and consistent rental income, this property is a rare find for investors seeking a high-yield, cash-flowing asset in a prime location. This well-maintained property features eight single-room units, all currently occupied by reliable tenants, generating a strong monthly rental income of $4,860 at full occupancy. Designed for both functionality and convenience, the home includes 3.5 bathrooms, two fully equipped laundry rooms on the first floor, and a spacious shared eat-in kitchen with stainless steel appliances and tiled flooring. The layout ensures comfortable living for tenants while maintaining ease of management for the owner. Located just steps from Temple University, this property benefits from high tenant demand and proximity to a wide range of amenities. Residents enjoy easy access to shops, restaurants, public transportation, and North Philadelphia’s vibrant cultural scene, making this a sought-after rental option. Whether you're looking to expand your portfolio or secure a turnkey investment, this fully leased rooming house presents an outstanding opportunity in a rapidly growing market.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2586
  • Living Area Sq Ft: 2586
  • Price Per Sq Ft: 143.08
  • Above Grade Finished Sq Ft: 2586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2212

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 230.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1388.00
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Total Actual Rent: 58320.00
  • Units Leased Count: 8
  • Vacation Rental: No

Tax Info

  • School Tax: 2230.00
  • Tax Annual Amount: 3982.00
  • Assessor Parcel Number: 371252300
  • Tax Lot: 162
  • Tax Total Finished Sq Ft: 2586
  • Tax Data Updated: No
  • Tax Year: 2025

Multi Family

  • Gross Income: 58320.00
  • Gross Scheduled Income: 58320.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 14742.00
  • Single Room Units Count: 8

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,982 $284,500 $56,900 $227,600
2024 $3,982 $284,500 $56,900 $227,600
2023 $3,982 $284,500 $56,900 $227,600
2022 $1,169 $284,500 $56,900 $227,600
2021 $1,169 $0 $0 $0
2020 $1,169 $0 $0 $0
2019 $1,529 $0 $0 $0
2018 $1,208 $0 $0 $0
2017 $1,208 $0 $0 $0
2016 $1,208 $0 $0 $0
2015 $1,156 $0 $0 $0
2014 -- $86,300 $6,802 $79,498
2012 -- $4,768 $865 $3,903
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $370,000 -2.3% $143 / Sq Ft
05/12/2025 05/12/25 Price Changed $378,900 0.0% $147 / Sq Ft
03/18/2025 03/18/25 Price Changed $379,000 -0.3% $147 / Sq Ft
02/25/2025 02/25/25 For Sale $380,000 +52.0% $147 / Sq Ft
07/16/2018 07/16/18 Sold $250,000 -15.3% $110 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $295,000 -- $130 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $250,000 None Available
Deed $40,000 None Available
Deed $2,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $166,500 Unknown
Previous Owner $103,500 Unknown
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2426274

Bright MLS

APN: 371252300