1615 S FRAZIER ST Coming Soon

Philadelphia,PA 19143

$ 135000

2 Beds

1 Bath

938 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 938 sqft

Price per Sqft $143

Subdivision Kingsessing

MLS Listing ID PAPH2538366

Style Straight Thru,Traditional

Bedrooms 2

Full Baths 1

Year Built 1925

Available Date 2025-11-21

Annual Tax Amount $1,790

Tax Year 2025

Lot Size 555 Sqft

Property Sub-Type Interior Row/Townhouse

Property Description

Prime Buy-and-Hold Opportunity: 1615 S Frazier St, Philadelphia, PA 19143

Discover a turnkey investment gem in the heart of Philadelphia's up-and-coming Kingsessin neighborhood, where revitalization meets steady rental demand. This charming 2-bedroom, 1-bathroom townhome spans 938 square feet of well-maintained living space on a compact 942-square-foot lot, offering immediate cash flow potential for savvy buy-and-hold investors.

**Seamless Income Stream Awaits:** Secure your portfolio with a reliable 12-month lease already in place. The current tenants are model renters—always paying on time and treating the property with care. This property positions you for strong, predictable returns with room for modest appreciation as the area continues to gentrify. Rents $200 under market average, allowing for built-in cashflow growth after 12 months.

**Recent Capital Improvements for Low Maintenance:**

The landlord has invested thoughtfully in upgrades, ensuring minimal near-term expenses and long-term durability. Highlights include:
- **New windows with lifetime warranty** (installed 2022 & 2025) for energy efficiency and curb appeal.
- **Brand-new water heater** (2025) to keep operations running smoothly.
- **Fresh carpet throughout** (2024) for a like-new feel.
- **Updated bathroom floor and vanity** (2025), enhancing functionality and style.
- **New PVC drain lines** (2022 & 2023) for reliable plumbing.
- **New fridge, stove, and interior doors** (2021), rounding out a modern kitchen setup.

Built in 1925 with timeless Philadelphia rowhome character, this property blends historic charm with contemporary reliability—perfect for hands-off ownership. Annual property taxes are a modest $796, further bolstering your bottom line.

Don't miss this low-risk, high-reward addition to your rental lineup. Schedule a showing today and start building wealth with confidence!

Willing to deliver Vacant with longer close date

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA5

Rooms

Other Rooms Living Room,Bedroom 2,Kitchen,Bedroom 1,Bathroom 1

Interior

Hot Water Natural Gas

Cooling Window Unit(s)

Flooring Carpet,Vinyl

Inclusions All Fixtures

Laundry Hookup

Exterior

Water Access N

Roof Type Flat

Building

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Plaster Walls

New Construction N

Schools

School District Philadelphia City

Others

Acceptable Financing Conventional,Private,Cash,Assumption

Listing Terms Conventional,Private,Cash,Assumption

Special Listing Condition Standard

Pets Allowed Case by Case Basis

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