1504 N 17th St, Philadelphia, PA 19121

Property Description

Explore the incredible investment potential of 1504 North 17th Street, located in the bustling heart of Philadelphia! This timeless multi-family property, originally built in 1909, combines historic charm with lucrative investment opportunities. Price: $460 Property Type: Multi-family with six units, each offering 1 bedroom and 1 bathroom. Current Occupancy: Five units are currently rented with reliable tenants, while one unit is ready for the next occupant. Total Lot Size: A generous 2,100 square feet provides ample space. Building Size: 3,495 square feet. Price per Square Foot: Approximately $160.23. CAP Rate: Benefit from a solid capitalization rate of 6.98%. Utilities: Tenants are responsible for their electric bills, and all units are fully electric, ensuring efficient management. Amenities: Includes a cozy basement perfect for storage or additional space. Parking: Street parking offers easy convenience. Set in the vibrant North Central neighborhood, this property is a short distance from Temple University, making it an attractive choice for student housing or savvy investors. Features like beautiful wood flooring and electric hot water heating enhance the property's appeal. Don't miss your chance to own a piece of Philadelphia's history while securing a strong investment for your future.