3244 N 15TH ST
Philadelphia, PA 19140

Sold 7/5/2016
  • 2,256
Multi-Family Home

GREAT OPPORTUNITY for immediate cash flow on turn-key operation with current 9% cap rate. This well-maintained triplex consists of 3 large 1-bedroom apartments currently rented to long-term tenants at below market rates. A savvy investor can easily increase the cap rate to 11% and enjoy a 21% ROI by making a few upgrades. Building has separate utilities, gas heat, new roof and updated mechanicals. Excellent location 2 blocks from Temple Health Sciences Campus. Near transportation and shopping. Don't miss out on this opportunity to get in on the ground floor in an area that is poised for development! Adjoining vacant lot (3246 N 15th Street) is included in the sale.

Property Details
  • Philadelphia
    school district
  • $1,298.00
  • 1931
  • 3
  • 6622769
Natural gas heat
School district: Philadelphia
On street parking
Brick exterior
Lot acreage is: 0.03
Lot dimension is: 16X80
Lot zoned: RSA5
Public sewer
Public water
Units in building(s): 3
Property style: 1
Tax year: 2016
Bedrooms in unit #1: 1
Bedrooms in unit #2: 1
Bedrooms in unit #3: 1
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1
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Name Type GreatSchools
Kenderton School Elementary School, Middle School / Public N/A 0.14 mi.
Bethune Mary Mcleod School * Pre-School, Elementary School, Middle School / Public 2 0.34 mi.
Faith Tabernacle School * Elementary School, Middle School, High School / Private N/A 0.53 mi.
Thankful Learning Center * Elementary School, Middle School, High School / Private N/A 0.18 mi.
Young Scholars Kenderton Charter School * Elementary School, Middle School / Public 1 0.13 mi.
Revival Hill Christian High School * High School / Private N/A 0.37 mi.
Address Distance Sale date Sale price
3244 N 15TH ST 0 mi. 7/5/2016 $140,000
1617 W WESTMORELAND ST 0.11 mi. 6/14/2017 $177,500
1229 W ALLEGHENY AVE 0.28 mi. 4/19/2017 $165,000
3525 N 15TH ST 0.29 mi. 3/24/2017 $154,000
1215 W ALLEGHENY AVE 0.3 mi. 6/3/2016 $150,000
1213 W ALLEGHENY AVE 0.3 mi. 4/27/2017 $130,000
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3244 N 15TH ST, Philadelphia, PA 19140 multi-family home was sold for $140,000.
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Data last updated: 5/24/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.