#PAPH2440784, Frederic D Musilli, Listing Office: DJCRE Inc.
1839 N 17th St Philadelphia, PA 19121
Property details
About 1839 N 17th St
1839 N 17 th Street Temple is the 2 nd largest university in PA and one of the largest on the east coast. With 2024 undergraduate enrollment reaching over 30,000 students, with limited on campus housing capacity, the large student population creates a consistent demand for off campus housing. This investment property is located in one of the most desirable blocks for off campus housing at Temple. It is only 2 blocks away from the main campus. It provides strong cash flow and stable tenancy. It has ALWAYS been 100% leased up, even during and after COVID. The annual rental income has been mostly above $80,000 ( varies between $79,800 and $82,500) for the past 8 years under current management. The CAP rate is an impressive 9%. The property is a large, well maintained duplex. Unit A has 6 spacious bedrooms spanning 3 levels. It comes with a full size basement for laundry, entertainment and storage. The fenced-in backyard provides extra space for relaxation and enjoyment. The average rent for the unit is $3750 per month with 12 months leases. Unit B has 5 spacious bedrooms spanning 2 levels with 2.5 bathrooms and a large living room. The average monthly rent has been between $2900 and $3250. Financial details are available upon request.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2453936
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Office Email: pa.broker@exprealty.com
- Listing Agent: Marcus Shellenberger
- Agent Phone: (610) 505-1517
- Agent Email: marcus.shellenberger@exprealty.com
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Last updated on: 3/14/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
1839 N 17th St
$7,422
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 05, 2017 | Home Sold | $685,000 |
Feb 02, 2011 | Home Sold | $525,000 |
Aug 16, 2010 | Home Sold | $70,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $595,200 | $8,331 |
2022 | $595,200 | $8,447 |
2021 | $- | $1,203 |
2020 | $603,500 | $1,203 |
2019 | $583,400 | $1,163 |
2018 | $447,600 | $892 |
2017 | $447,600 | $892 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.7 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
1.0 mi
•2700 W Dauphin St
3
Mastery Charter School at Clymer
Public Charter KG-6
1.1 mi
•1201 W Rush St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,759. Residents of Philadelphia, PA typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1839 N 17th St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,721 square foot home, which was built in 2011, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $625,000.
While more than 154 listings in Philadelphia, PA in February 2025 were sold above asking price, there were more than 166 listings sold at asking price, and more than 396 were sold below. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. In February 2025 median list price was $268,469 and the average listing age was 59 days.