518 S 15TH STREET
Multifamily in Rittenhouse Square
Active
15
Map
$725,000
Stu
–
Bath
–
Half Bath
2,400
Ft²
$302
$/ft²
0.02
Acres
Prime location!!! This well maintained duplex is great for
investors or owner occupants to live in one unit and rents out the
other unit for extra cash flow. Property has beautiful brick front
with separate entrance to each unit. Both units consist of bilevel,
two bedrooms and one bath. Â Offer central HVAC, in unit
washer/dryer, spacious bedrooms and either backyard or decks. The
rent is currently below market price. Unit 1 Â collects $1400,
lease ends on 8-20-22 and unit 2 collects $1600 a month with lease
ends on 4-2023.
The manager has listed the unit size as 2400 square feet.
The manager has listed the unit size as 2400 square feet.
LISTING AGENT
Yulin ZhengRealty Mark Associates - KOP[email protected]
Building Features
Exterior
Brick Exterior
Home Features
Rooms
Basement
HVAC
Central A/CForced Air
Price History
| Date/Event | Event | Price |
|---|---|---|
| Jan 5, 2023 Relisted | Relisted | $725,000 |
| Jan 2, 2023 No longer available | No longer available | - |
| Dec 2, 2022 No longer available | No longer available | - |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$16,200ExpensesPer Year
$6,312Operating ProfitPer Year
$9,888 Cap rate
1.36%Price Estimate
$867,000$742,868$618,738
20222023202420252026
Current Asking Price
$725,000
HopScore Market Price
$742,868
The current asking price is $17,868.90 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Sold | House | 3 | 2 | - | $595,000 $558.03/mo |
| Active | Multifamily | Stu | – | 2,490 ft² $301/ft² | $750,000 $846/mo |
| Active | Multifamily | Stu | – | 2,124 ft² $318/ft² | $675,000 $617.50/mo |
| Active | House | Stu | 0.5 | 2,614 ft² $325/ft² | $849,000 $335.08/mo |
| Active | Townhouse | Stu | 1 | 1,942 ft² $308/ft² | $599,000 $575.17/mo |
Payment Calculator
Building Info
518 South 15th Street518 South 15th Street, Philadelphia, PA 19146
- 1 Unit for Sale
Neighborhood
About Rittenhouse Square
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Contact a Mortgage expert now(646) 760-8509Sales History
| Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
|---|---|---|---|---|---|---|---|---|
Stu | – | 2,400 | $750,000 -/mo | May 31, 2022 Active | - | - - | - | |
Stu | – | 2,400 | $750,000 -/mo | Nov 13, 2021 Expired | - - | - - | - |
