Philadelphia, PA 19121 1522 N 17Th Street

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Presented By: Keller Williams Realty Devon-Wayne
  • MLS# PAPH2452816
  • 03/09/2025
  • Request Tour
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  • SQFT • 3,421

Home Details

Historic Twin Being Sold as a Package 1520 & 1522 N 17th St $1,424,900 A rare opportunity to own both sides of a historic Victorian Gothic twin designed by renowned Philadelphia architect Willis G. Hale! This package includes 1520 & 1522 N 17th St, two fully rented properties generating $134K in gross annual rent with a 6.75% cap rate. These homes are part of a distinctive row of high-Victorian residences built in the 1880s, known for their striking red-brick facades, bold stone foundations, ornate corbels, and dramatic mansard roofshallmarks of Hales flamboyant architectural style. The block has been recognized for its historical significance, with its original facades largely intact, offering a rare glimpse into Philadelphias architectural past. This investment offers multiple opportunities: Option 1: Restore the historic mansion at 1520 N 17th and live in a one-of-a-kind home while collecting rental income from the quadplex at 1522 N 17th. Option 2: Convert 1520 N 17th into a quadplex, which can be done by right under RM-1 zoning, further maximizing income potential. Option 3: Do nothing and start collecting rental income from both properties on day one. Both properties are within Temple Universitys patrol zone, benefiting from strong rental demand and a decade-long track record of full occupancy. 1522 N 17th St Income-Producing Quadplex with Additional Potential This fully leased multi-unit property generates $4,800/month ($57,600/year) in rental income and features a total of 12 bedrooms and 8 bathrooms across its five rented units: Unit B Studio, rented for $550 Unit 1F Spacious 1 bed, 1 bath, rented for $850 Unit 1R Bi-level 2 bed, 2 bath, rented for $1,000 Unit 2 Charming 4 bed, 2 bath, rented for $1,200 Unit 3 Bright 4 bed, 2 bath, rented for $1,200 Though the property is zoned as a quadplex, its current layout provides flexibility for multiple rental configurations, making it a high-yield asset with strong demand from Temple students. A Unique Investment in Philadelphia Real Estate This is a once-in-a-lifetime chance to own both sides of a historic twin while securing a high-yield investment. Whether you restore, redevelop, or hold as-is, this package offers multiple paths to strong returns. Own a piece of Philadelphias architectural legacy while benefiting from a proven rental income stream in a rapidly evolving neighborhood. Dont miss out on this prime investment opportunity!
Presented By: Keller Williams Realty Devon-Wayne

Interior Features for 1522 N 17Th Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterMulti-tank

General for 1522 N 17Th Street

AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUSE GPS
HeatingForced Air
Lot Size Square Feet2247.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-03-10T13:10:33
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG178.3
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6439.0
Tax Assessed Value460000.0
Tax Lot224
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1886
Year Built SourceEstimated
ZoningRM1

Exterior for 1522 N 17Th Street

Building Area Total3421.00
Car Parking Spaces
Land Assessed Value138000.00
Land Use CodeCA0
Lot Dimensions21.00 x 107.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $609,950
MLS#PAPH2452816
List Date 03/09/2025
Property Type Commercial
Phone 703.929.4729
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