1319 North 15th Street
Closed 11/15/24
Closed 11/15/24
Description
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...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.
- Listed by Ian J Perler • KW EmpowerP: (267)-607-9099 ian@ianperlerteam.com
Property Details for 1319 North 15th Street
Property Details for 1319 North 15th Street
| Status | Closed |
|---|---|
| MLS # | PAPH2401010 |
| Days on Market | 12 |
| Taxes | $9,121 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1915 |
| Lot Size | 0.04 AC / 1,659 SF |
| County | Philadelphia County |
Building Information for 1319 North 15th Street
Property Information for 1319 North 15th Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19121 (19121)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $651,600
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $521,280
- City Town Tax: $4,013
- Land Assessed Value: $130,320
- Clean Green Assessed: No
- Land Use Code: U50
- Zoning: RM1
- Tax Lot: 197
- School Tax: $5,107
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 2
- Other Units: Unit 1,Unit 2,Unit 3
- Units Furnished: All
- Units Leased Count: 2
- Number Of Units Vacant: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 2
- Full Baths Count: 2
- Type: Unit 2
- Beds Total: 3
- Full Baths Count: 3
- Type: Unit 3
- Beds Total: 3
- Full Baths Count: 3
- Gross Income: $38,646
- Annual Rental Income: $57,960
- Building Units Total: 3
- Total Finished SQFT: 3,090.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 3,090.00
- Total SQFT: 3,090.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Basement Type: Full
- Foundation Details: Stone, Concrete Perimeter
- Lot Size Source: Assessor
- Lot Size Dimensions: 18.00 x 92.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1220697
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
- List Agent URL: www.ianperlerteam.com
Property History for 1319 North 15th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1319 North 15th Street
Schools near 1319 North 15th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Meade Gen George C School PublicPK to 8 | ||
Vaux HS: A Big Picture School Public9 to 12 | ||
Franklin LC Public9 to 12 | ||
Carver High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Avenue of the Arts North
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of KW Empower
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.