$ 1,200,000
-
$1,200,000
Price -
7
Bed -
0
Bath -
4,750
SqFt
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About the Listing RLTYMKCC - 3157800
Fantastic cash flowing investment opportunity in the heart of the Temple U area off campus housing market. This six unit building has been well cared for buy the current owner for nearly 40 years. . This building has the added bonus of extending from 15th Street to Sydenham Street with detached garage and/or plenty of vacant lot space for construction of an additional multi family property (build it yourself or subdivide and sell it). The units offer contemporary and well maintained finishes but can certainly be refreshed to increase the rents. All units are spacious and easily rented. Unit mix is Studio and 2BR/1BA Owner's Unit on ground floor, (2) 1BR/1BA Units on 2nd floor, and (1) 1BR/1BA and 2BR/1BA on 3rd floor. Gross income represents 4 units of income with owner's unit a(non-paying) and 3R vacant. Projected rents range up to $78,600 per year when laundry and garage rental are included . All utilities are separated, systems are up to date. Owner must have time to lease back following settlement. Property is being sold as-is, seller will not make repairs or inspection concessions.
Listing Highlights
Status
Active
Days on Site
23
Property Type
Multi-Family
MLS ®
PAPH2607316
Year Built
1915
Total Square Footage
4,750
Lot/Acreage
0.05
County
Philadelphia
Neighborhood
Temple University
Area
19121 (19121)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 7
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4750
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 21.00 x 100.00
- Zoning: RM1
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Garage - Rear Entry,On Street,Attached Garage,1+ Spaces
Financial Details
- Tax Amount: $7,138
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1540 N 15th St Philadelphia, PA 19121
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