1309 N 15th St
Philadelphia, PA 19121

Introducing a fantastic investment opportunity at 1309 N. 15th Street, Philadelphia, PA, 19121 – a beautifully maintained triplex apartment building situated in the heart of the thriving Temple University area. Available for sale immediately, this is an ideal prospect for small multifamily investors seeking a prime location just blocks away from Temple University, shopping centers, and The Met Philadelphia.
This .04-acre property features three spacious floors, offering a total of four dwelling units: two 2-bedroom apartments on the 2nd and 3rd floors, a 1-bedroom apartment, and a studio apartment on the 1st floor. Each unit is equipped with central air conditioning and heating, ensuring year-round comfort for tenants. The building's rentable square footage is an impressive 2,956 sq ft, and stabilized rent roll has the potential to generate approximately $60,000 per year.
Upon entering the building, a lovely foyer welcomes you, and a coin-operated washer/dryer is conveniently located in the basement. The beautiful kitchens are adorned with plenty of cabinets, dishwashers, and stainless-steel appliances. Tenants will also enjoy the charming backyard patio – perfect for relaxation or entertainment.
Located just a 10-minute drive from Center City and with the Broad Street Line only minutes away, commuting is a breeze. The area boasts a wide variety of excellent restaurants, nightlife, shopping options, Fresh Grocers, and parks for residents to enjoy.
With one unit currently rented and a favorable zoning of RM-1, this is a fantastic opportunity for investors seeking a prime property in the Temple University area. Don't miss out on this rare chance to secure a highly desirable property with a promising return on investment. Taxes are currently $9,454 but could likely be appealed. Make your move and invest in the future of Philadelphia real estate today!