1232 N 15TH ST Philadelphia, PA 19121
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,697 sqft
Price per Sqft $166
Subdivision Brewerytown
MLS Listing ID PAPH2662784
Style Traditional
Abv Grd Liv Area 2,097
Year Built 1915
Available Date 2026-09-08
Annual Tax Amount $4,727
Tax Year 2027
Lot Size 1,002 Sqft
Acres 0.02
Lot Dimensions 16.00 x 65.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
•The upper bi-level unit features 5 bedrooms and 2 full bathrooms and has been recently renovated with new flooring and new bathrooms. The spacious unit is currently leased for $1,800 per month, providing immediate rental income on day one.
•The lower bi-level unit features 2 bedrooms and 1 full bathroom on the main floor, along with a large finished basement offering additional living, recreation, or storage space. This unit is currently vacant, providing a new owner with the flexibility to lease it to a new tenant, or potentially occupy the unit and use it as part of a house-hacking strategy.
•With 7 bedrooms across the two units, the property offers an attractive combination of space and income potential. An investor can lease both units, while an owner occupant can live in the lower unit and use the rental income from the upper unit to help offset their housing costs.
•Adding to the investment appeal, the property has an assumable VA loan with a 5.75% interest rate, offering a potentially attractive financing opportunity for a qualified buyer. Buyers should consult with their lender regarding eligibility and assumption requirements.
•The location is another major asset. Situated near Temple University, the property is well positioned for access to the university and its surrounding amenities. It's also conveniently located near the popular Fairmount and Brewerytown neighborhoods, offering easy access to an expanding selection of restaurants, cafés, breweries, bars, parks, entertainment, and neighborhood businesses. Public transportation and major roadways provide convenient connections throughout Philadelphia.
•Whether you're an investor looking to add a multi-unit property to your portfolio or a buyer seeking to house hack and build equity, 1232 N 15th St offers an uncommon combination of 7 bedrooms, two bi-level units, a finished basement, existing rental income, and an assumable 5.75% VA loan in a location surrounded by some of Philadelphia's most active neighborhoods.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Multi-tank
Heating Central, Forced Air
Cooling Central A/C
Inclusions All appliance
Equipment Stainless Steel Appliances
Fireplace N
Appliance Stainless Steel Appliances
Heat Source Natural Gas
Laundry Basement, Has Laundry, Upper Floor, Washer In Unit, Dryer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Stone
Above Ground Finished SqFt 2097
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471189200
Ownership Fee Simple
SqFt Source 2697
Acceptable Financing Assumption, Cash, Conventional, FHA, PHFA
Listing Terms Assumption, Cash, Conventional, FHA, PHFA
Financing Assumption,Cash,Conventional,FHA,PHFA
Special Listing Condition Standard
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