MLS® ID: PAPH785638
1507 N 17TH STREET
PHILADELPHIA, Pennsylvania, 19121 $600,000
Temple University TURN KEY Triplex FULLY LEASED until August 2020! 9 Bedrooms + coin-op laundry that brings $4,950 / month INCOME. This solid investment property is 3,465 square feet, sits on a huge 23' x 100' lot, was totally RENOVATED in 2010, is legally zoned, separately metered & Tenants pay all utilities except water. UNIT #1 has 3 large bedrooms, with 3.5 baths & a large back yard rented for $1,650. UNIT #2 has 3 spacious bedrooms and 2 full baths and is rented for $1600/month. UNIT #3 is identical to #2 with 3 bedrooms, 2 full baths, rented for $1600/month. There is a full basement with coin-op laundry that brings in $1000 - $2000 / year and can be used for common tenant storage. Centrally located in the heart of Temple University, on a prime block close to campus these units will always rent quickly to Temple Students. This area is also adjacent to Francisville & North Broad St's rapid development, and WALKING distance The new MET Philly concert venue, public transportation - Broad Street Line, and much more! For the location & size of these bedrooms, there is plenty of room to increase rents after all leases expire.