Investor Alert. Showings by appointment with 24 hours notice.One half of a Victorian Gothic twin attributed to Philadelphia architect Willis G. Hale, near Temple University. 10 bedrooms and 4.5 baths across 2,958 square feet, on a 21 by 107 foot lot.The house is leased as a whole on a single lease, and the same tenant has rented it continuously for 14 years. Current rent is $6,250 a month, $75,000 a year. Net operating income is $62,355. One lease and one rent check for the whole building.The other half of the twin, 1522 N 17th St, is also for sale, and the two can be bought together. A trailing 12-month statement is available on request.
Investor Alert. Showings by appointment with 24 hours notice.One half of a Victorian Gothic twin attributed to Philadelphia architect Willis G. Hale, near Temple University. 10 bedrooms and 4.5 baths across 2,958 square feet, on a 21 by 107 foot lot.The house is leased as a whole on a single lease, and the same tenant has rented it continuously for 14 years. Current rent is $6,250 a month, $75,000 a year. Net operating income is $62,355. One lease and one rent check for the whole building.The other half of the twin, 1522 N 17th St, is also for sale, and the two can be bought together. A trailing 12-month statement is available on request.
Neighborhood
Type
Total Baths
1/2 Baths
County
Philadelphia
Area
19121
Tax Amount
$6,943
Status
Active
Listing #
PAPH2678798
Built
1880
Lot Size
0.05
Listed on site
18 days
Listing Agent Id
1700001220262