$ 1,200,000
-
$1,200,000
Price -
0
Bed -
0
Bath -
6,872
SqFt
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About the Listing KWRLTYLP1 - 3312618
Rare opportunity to acquire a distinctive 9-unit multifamily property just blocks from Temple University’s Main Campus. 1517 N 15th Street combines historic architectural character with a compelling value-add investment profile in one of Philadelphia’s established university rental corridors. The property features an impressive Second Empire–inspired design with a substantial cut-stone façade, ornate architectural detailing, and signature mansard roofline. The building contains a diverse unit mix of one studio, four 1-bedroom units, three 2-bedroom units, and one 3-bedroom/3-bath unit. Seven of the nine units are currently occupied, with two vacant units providing an immediate lease-up opportunity. The stabilized rent schedule projects approximately $11,750 per month / $141,000 annually in gross rental income. The property is being offered strictly AS-IS, WHERE-IS, with all existing conditions, providing investors the opportunity to acquire the asset in its current condition and implement their own renovation, management, and value-add strategy. Seller will make no repairs or improvements prior to closing. Conveniently located near Temple University, neighborhood retail, dining, SEPTA, and Center City, 1517 N 15th Street offers substantial scale, architectural character, and a defined path toward stabilization.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Commercial Sale
MLS ®
PAPH2671488
Year Built
1915
Total Square Footage
6,872
Lot/Acreage
0.08
County
Philadelphia
Neighborhood
Temple University
Area
19121 (19121)
School District
Philadelphia City
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others: Average
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,719
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
1517 N 15th St Philadelphia, PA 19121
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