Investments Sales Management

Traditional, Converted Dwelling

1516 W WESTMORELAND STREET

PHILADELPHIA, PA 19140

MLS#: PAPH2639308

$299,900

Status: Active
Listing number: PAPH2639308
Listing provided by: RE/MAX Access
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
TEMPLE UNIVERSITY - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

2,274

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!

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Ceiling Fan(s), Recessed Lighting

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2274.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Lighting

  • Parking

    On Street

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,531

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Traditional, Converted Dwelling

Price

  • Sales Price

    $299,900

  • Tax Amount

    $3,439

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,274

  • Price/SqFt

    $131

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    135

  • Water Source

    Public

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Listing Courtesy of Terrance E Lee , RE/MAX Access

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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!

1516 W WESTMORELAND STREET

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