1516 W Westmoreland St,PHILADELPHIA, PA 19140
PHILADELPHIA, PA 19140
Description
Attention Investors & Owner-Occupants!Don't miss this fantastic opportunity to own a large 3-story brick front Triplex in the desirable Temple section of the city. This spacious property offers versatility, strong income potential, and plenty of room to customize, making it ideal for both investors and owner-occupants. The first-floor unit features a comfortable one-bedroom layout with a generously sized living and dining area with nice floors and a ceiling fan, a spacious eat-in kitchen with some recess lighting, and a full bathroom. This unit also provides direct access to the rear yard and the full unfinished basement, adding extra convenience, functionality and storage. The second-floor unit features a nice living room/dining room area with nice floors, ceiling fan, a full kitchen, an awesome nicely sized tiled bathroom and two awesome sized bedrooms. The Third-floor unit features a comfortable one-bedroom layout with a generously sized living/dining area with nice floors and a ceiling fan, a spacious eat-in kitchen, and a full bathroom. The full unfinished basement offers great ceiling height and houses a few heaters, three water heaters, and three gas meters, providing separate utilities for each unit. There are individual electrical panels for each unit, making it well-suited for multi-unit living or rental management. This property has great bones and tremendous potential to make a great investment, value-add improvements, or long-term rental income. Whether you are an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents a fantastic opportunity. Conveniently located in a high-demand rental area and near public transportation and just minutes from Temple Hospital, Temple school of Dentistry and much more. This property appeals to medical professionals, students, and staff, ensuring a consistent pool of potential tenants. This triplex is a smart investment that you don't want to miss out on. Schedule your showing today and explore the possibilities this investment has to offer!
Details
| MLS # | PAPH2639308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 77 |
| Listing Provided By | RE/MAX Access | Terrance E Lee |
Features
| SQ Feet | 2,274 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RSA5 |
| Acreage | 0.04 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Interior Features | Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting |
| Appliances | Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater |
Exterior
| Exterior Features | Exterior Lighting, Sidewalks, Street Lights |
|---|---|
| Roof | Flat |
| Security Features | Security System, Smoke Detector |
| Construction Materials | Masonry |
| Foundation Details | Other |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Natural Gas Available, Sewer Available, Water Available |
|---|
Taxes
| Tax Annual Amount | 3439 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| Community Name | TEMPLE UNIVERSITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $299,900 low | high Med: $230,000 sqft: 2,274 low | high Med: 2,782 $ / sqft: $132 low | high Med: $83 On site: 77 low | high Med: 63 | |
Market Activity 19140
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| Community Name | TEMPLE UNIVERSITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $299,900 low | high Med: $230,000 sqft: 2,274 low | high Med: 2,782 $ / sqft: $132 low | high Med: $83 On site: 77 low | high Med: 63 | |
