1504 N 17TH ST, Philadelphia, PA 19121
1504 N 17TH ST, Philadelphia, PA 19121
1504 N 17TH ST, Philadelphia, PA 19121
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Janet Cantwell-Papale • Compass Pennsylvania, LLC
$399,000
Est. payment /mo
2,100 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2537036

Year Built 1909

Available Date 2025-09-22

Annual Tax Amount $6,845

Tax Year 2025

Lot Size 2,100 Sqft

Acres 0.05

Property Sub-Type Five Or More Units

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning R10

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Flooring Wood

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881146808

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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1504 N 17TH ST

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