1516 W WESTMORELAND ST Philadelphia, PA 19140
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $131
Subdivision Temple University
MLS Listing ID PAPH2639308
Style Traditional,Converted Dwelling
Abv Grd Liv Area 2,274
Year Built 1925
Annual Tax Amount $3,439
Tax Year 2025
Lot Size 1,531 Sqft
Acres 0.04
Lot Dimensions 16.00 x 96.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Don't miss this fantastic opportunity to own a large 3-story brick front Triplex in the desirable Temple section of the city. This spacious property offers versatility, strong income potential, and plenty of room to customize, making it ideal for both investors and owner-occupants. The first-floor unit features a comfortable one-bedroom layout with a generously sized living and dining area with nice floors and a ceiling fan, a spacious eat-in kitchen with some recess lighting, and a full bathroom. This unit also provides direct access to the rear yard and the full unfinished basement, adding extra convenience, functionality and storage. The second-floor unit features a nice living room/dining room area with nice floors, ceiling fan, a full kitchen, an awesome nicely sized tiled bathroom and two awesome sized bedrooms. The Third-floor unit features a comfortable one-bedroom layout with a generously sized living/dining area with nice floors and a ceiling fan, a spacious eat-in kitchen, and a full bathroom. The full unfinished basement offers great ceiling height and houses a few heaters, three water heaters, and three gas meters, providing separate utilities for each unit. There are individual electrical panels for each unit, making it well-suited for multi-unit living or rental management. This property has great bones and tremendous potential to make a great investment, value-add improvements, or long-term rental income. Whether you are an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents a fantastic opportunity. Conveniently located in a high-demand rental area and near public transportation and just minutes from Temple Hospital, Temple school of Dentistry and much more. This property appeals to medical professionals, students, and staff, ensuring a consistent pool of potential tenants. This triplex is a smart investment that you don't want to miss out on. Schedule your showing today and explore the possibilities this investment has to offer!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Rooms
Basement Full, Unfinished
Interior
Interior Features Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting
Hot Water Natural Gas
Cooling None
Inclusions Any and all items that is left in the property after settlement, except for Tenant Personal Belongings.
Equipment Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
Fireplace N
Appliance Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Utilities Available Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Flat
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2274
Sewer Public Sewer
Water Public
Architectural Style Traditional, Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 112017700
Ownership Fee Simple
SqFt Source 2274
Security Features Security System,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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