MLS# PAPH820660 – 1507 N 17th Street, Philadelphia, PA 19121

Price: $599,000
Units: 3
Property Type: Row/townhouse
Status: Active Under Contract
Year Built: 1915
Neighborhood: Temple University
Days on Website: 48

Courtesy of Frank L DeFazio, BHHS Fox & Roach-Center City Walnut.

Property Description

Temple University TURN KEY Triplex FULLY LEASED until August 2020! 9 Bedrooms + coin-op laundry that brings $4,950 / month INCOME. This solid investment property is 3,465 square feet, sits on a huge 23′ x 100′ lot, was totally RENOVATED in 2010, with many recent updates. Legally zoned, separately metered & Tenants pay all utilities except water. UNIT #1 has 3 large bedrooms, with 3.5 baths & a beautiful back yard rented for $1,650. UNIT #2 has 3 spacious bedrooms and 2 full baths and is rented for $1600/month. UNIT #3 is identical to #2 with 3 bedrooms, 2 full baths, rented for $1600/month. There is a full basement with coin-op laundry that brings in $1000 – $2000 / year and can be used for common tenant storage. UPDATES include Brand New HVAC in 3rd floor unit, brick pointing, stucco and full exterior maintenance. Centrally located in the heart of Temple University, in a prime LOCATION, just blocks to CAMPUS these units will always rent quickly to TEMPLE Students. This area is also adjacent to Francisville & North Broad St’s rapid development, and WALKING distance The new MET Philly concert venue, public transportation – Broad Street Line SUBWAY, and much more! For the location & size of these bedrooms, there is plenty of room to increase rents after all leases expire.

Property Details and Features

  • House
  • 3,465 sqft living area
  • Built in 1915
  • Structure Type: Row/Townhouse
  • 3 units in building
  • Masonry
  • Cooling
  • Central Air
  • Electric
  • Central A/C
  • Heating
  • Electric
  • Forced Air
  • Listing
  • 39 days on market
  • $173 per sqft
  • Property Sub Type: Triplex
  • Location
  • County: Philadelphia
  • MLS Area: 19121 (19121)
  • Subdivision: Temple University
  • Lot
  • 2,341 sqft
  • Lot Size Dimensions: 23.41 x 100.00
  • 0.05 acres
  • Property
  • Other Structures: Above Grade,Below Grade
  • Other Units: Unit 1,Unit 2,Unit 3
  • 3 three-bedroom units
  • Schools
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Sewer
  • Public Sewer
  • Taxes
  • City/Town Tax: $3,004
  • City/Town Tax Pymnt Freq: Annually
  • County Tax Pymnt Freq: Annually
  • School Tax: $3,652
  • Tax Annual Amount: $6,656
  • Tax Year: 2019
  • Utilities
  • Hot Water: Electric

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$599,000 – 1507 N 17th Street, Philadelphia, PA 19121

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