1319 N 15TH ST Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,090 sqft
Price per Sqft $194
MLS Listing ID PAPH2401010
Style Other
Year Built 1915
Annual Tax Amount $9,121
Tax Year 2024
Lot Size 1,659 Sqft
Property Description
1319 N 15th Street ? Strategic Triplex Investment Near Temple University
This triplex is the perfect investment opportunity for any serious investor looking to add a high-performing property to their portfolio. With a total rental income of $57,960 annually, this building offers tremendous cash flow potential. The fully-leased second and third-floor units each feature 3 bedrooms and 3 bathrooms, generating $1,710/month and $1,720/month respectively. The first-floor 2-bedroom, 2-bath unit with a private rear yard is projected to rent for $1,400/month. Additionally, the common washer/dryer system can be converted to coin-operated for added revenue.
Situated just off Broad Street, this property provides unbeatable access to Center City, Temple University, and a wealth of public transportation options, including the Broad Street subway line, making it a prime location for premium rentals and potential long term value growth. Easy access to major roadways and highways makes commuting throughout the city and beyond a breeze.
With demand for rentals in this area continuing to rise, this property offers more than just immediate cash flow?it?s a future-proof investment with significant long-term appreciation potential. Don?t miss your chance to secure this prime asset in a highly desirable location. Please note that many of the photos are are from prior to tenants moving in. Buyer must do their own due diligence and confirm real estate taxes.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Exterior
Waterfront N
Water Access N
Building
Foundation Stone,Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,FHA,Conventional,VA
Listing Terms Cash,FHA,Conventional,VA
Special Listing Condition Standard