1520 N 17th Street
Philadelphia, PA 19121
- – beds
- – baths
- 3,240 sqft
- 2,247 sqft lot
- $254 per sqft
- 1915 build
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 Frank Furness! This package includes 1520 & 1522 N 17th St, two fully rented properties generating $132,600 in gross annual rent with a 6.75% cap rate. 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 University’s patrol zone, benefiting from strong rental demand and a decade-long track record of full occupancy. 1520 N 17th St – A Historic Mansion with High-Value Amenities This 10-bedroom, 4.5-bath Furness-designed home has historically been a preferred rental for Temple University fraternal associations, with unwavering demand for a house of this size and character. It currently rents for $6,250/month ($75,000/year) and boasts features that make it a standout choice for university renters, including: An amazing deck, perfect for social gatherings. A huge basement, offering additional space for storage or recreation. A spacious back patio, a rare find in the area and highly attractive to tenants. Grand architectural details, including intricate woodwork and an impressive staircase. With RM-1 zoning allowing for a quadplex conversion by right, this property offers multiple avenues for increased income and equity growth. 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. Don’t miss out on this prime Philadelphia opportunity!
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Last updated Mar 9, 2025
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MLS# PAPH2452802 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:1
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Structure Type:Twin/Semi-Detached
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Architectural Style:Victorian
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2958
Interior
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Interior Features:Additional Stairway
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3240
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Living Area SqFt:3,240 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:USE GPS
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Latitude:39.97718048
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Longitude:-75.16342926
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:21.00 x 107.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,247 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:CE0
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 942-6266
- Office phone:
- (610) 647-8300
Taxes
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Tax ID Number:881146890
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Tax Year:2024
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Tax Lot:219
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Tax Annual Amount:$7,698
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Tax Assessed Value:$550,000
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Year Assessed:2025
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School Tax:4311.0
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City/Town Tax:3387.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric, Radiant
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Heating Fuel:None
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:60+ Gallon Tank
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/9/25
Mar 9, 2025
|
Listed / Active | BRIGHT | $824,950 |