Philadelphia, PA 19121 1522 N Willington Street
$640,000
12 more
Presented By: Elfant Wissahickon-Rittenhouse Square
Beds • 3
Beds • 3Home Details
This fully occupied duplex, located just two blocks from Broad Street and only a 6-minute walk to Temple University, offers an excellent turnkey investment with a cap rate over 10.33%. Unit 1 features 3 bedrooms, 2 bathrooms, a kitchen with a range, built-in microwave, dishwasher, refrigerator, fenced-in backyard, and washer/dryer. Unit 2 includes 5 bedrooms, 4 bathrooms, and a shared kitchen with a dishwasher, refrigerator, stove, and built-in microwave, plus a spacious living room area. Built in 2017, this property is designed for maximum rental income and easy management, with separate utilities for each unitowner only pays for water. With its durable construction and prime location for student tenants, this duplex is perfect for long-term appreciation and reliable cash flow. Dont miss outschedule your showing today! The abatement is until the end of 2027. Buyers will need to verify this date.
Presented By: Elfant Wissahickon-Rittenhouse Square
Interior Features for 1522 N Willington Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementCombination
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringWood, Tile/Brick
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBathroom - Walk-In Shower, Combination Dining/Living
General for 1522 N Willington Street
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Range, Built-In Microwave, Dishwasher, Dryer, Refrigerator, Range Hood, Stove, Washer
Architectural StyleOther
Cap Rate10.33
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsCombination
Contingency TypeFinancing Approval, Other
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsPlease use GPS
Electric200+ Amp Service
Garage Y/NNo
Gross Income66360.00
HeatingCentral
Lease TypeYearly
Lot Size Square Feet1141.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-03-31T13:36:42
MunicipalityPHILADELPHIA
Net Operating Income56184.00
New ConstructionYes
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count
Operating Expense10176.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnerPaysWater, Common Area Maintenance, Insurance, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate
OwnershipFee Simple
Patio/Porch FeaturesPatio(s)
PossessionImmediate
Price Per Sq Ft Total AG213.33
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Subdivision NameTEMPLE UNIVERSITY
Tax Annual Amount1598.0
Tax Assessed Value114213.0
Tax Lot176
Tax Year2025
Total Actual Rent66360.00
Total SQFT3000
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2017
Year Built SourceEstimated
ZoningRM1
Exterior for 1522 N Willington Street
Foundation DetailsBlock
Land Assessed Value109820.00
Land Use CodeU50
Lot Dimensions16.00 x 73.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
N/A
High School
Robert Vaux High School
