Under Contract

Listed by Christopher Somers

Source: Bright MLS #PAPH2590016

762 S 15th St, Philadelphia, PA, 19146

$1,575,000

7
4250 sq. ft.
4250 sq. ft.

Duplex

30+ days on the market

What's around 762 S 15th St

About this property

LOCATION, LOCATION! What a combination: own one of the best new construction triplexes, situated on one of Graduate Hospital's best blocks, while receiving approximately $110K in annual income. Alternatively, as an owner-occupant, 2 unit leases come due mid-year 2026, allowing the other units to offset the mortgage payment. Also for cash flow enjoy taxes of ONLY $3,000 as there a few tax abatement years remaining. And each unit is super sexy with amazing high end finishes to the max level. Simply is a very rare opportunity to own a high income producing triplex fantastic longer term / blue chip investment. Tax abatement is until June 2028! Unit 1 - Bi-level the entire first floor plus lower level! This is a 3 bedroom, 3 bath with fantastic private yard space. Unit 2 - Bi-level front half of this beautiful building 2nd & 3rd floor, 2 bedroom, 2 bath, and a roof deck that has the amazing sunrise to sunset views. Unit 3 - Bi-level 2nd and 3rd floor rear of the building with 2 bedrooms, 2 bath and amazing roof deck with skyline views! All the units have washer and dryers, quartz counters, stainless steel appliances, hardwood floors, generous closet space, and great natural light. All heating, cooling, hot water and central air in this building is custom throughout. Excellent quality and condition. Current tenants are fantastic with superb rental history! Solid cap rate for a blue chip investment property in Grad Hospital as a stones throw away from Ritttenhouse Square. As the owner-occupant or your tenants, you will enjoy the BEST lifestyle that the city offers, with countless restaurants, cafes, museums, shows and a quick ride to the sports stadiums, as it is one block from Broad st. Even though the property is tenant-occupied, it is easy to show so make your appointment today !

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