1520 N 17Th Street, Philadelphia, PA 19121-4209 $824,950

Interior Sq. Ft: 3,240
Acreage: 0.05
Age:110 years
Taxes: $7,698
Design/Type:
Twin/Semi-Detached
Description
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!
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Baseboard - Electric Heating, Radiant Heating, None, None, None, Hot Water - 60+ Gallon Tank, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Additional Stairway
Exterior
Brick/Mortar Foundation, Masonry
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Public Elementary (155 schools)
Public Middle (29 schools)
Public High (69 schools)
Private (121 schools)
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This report is a detailed community overview for Philadelphia (19121), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 32
- Average salary of people in this community: $31,826
Community Summary
- Population Density (ppl / mile): 13,816
- Household Size (ppl): 2.52
- Households w/ Children: 57%
Housing Inventory
- Owned: 3,933 (23.9%)
- Rented: 8,475 (51.6%)
- Vacant: 4,024 (24.5%)
- Total: 16,432
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.6%
- Some High School: 18.0%
- High School Graduate: 36.6%
- Some College: 21.7%
- Associate Degree: 4.5%
- Bachelor's Degree: 8.9%
- Graduate Degree: 6.8%
Income by dollar range
Median Income: $21,201
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $631
- One Bedroom: $705
- Two Bedroom: $840
- Three Bedroom: $929
- Four Bedroom: $1,622
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-542-3947
Listing Courtesy of: Keller Williams Realty Devon-Wayne , (610) 647-8300, klrw894@kw.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 3/10/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.