1522 N 17th Street

Philadelphia, PA 19121

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 Willis G. Hale! This package includes 1520 & 1522 N 17th St, two fully rented properties generating $134K in gross annual rent with a 6.75% cap rate. These homes are part of a distinctive row of high-Victorian residences built in the 1880s, known for their striking red-brick facades, bold stone foundations, ornate corbels, and dramatic mansard roofs hallmarks of Hale s flamboyant architectural style. The block has been recognized for its historical significance, with its original facades largely intact, offering a rare glimpse into Philadelphia s architectural past. 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. 1522 N 17th St - Income-Producing Quadplex with Additional Potential This fully leased multi-unit property generates $4,800/month ($57,600/year) in rental income and features a total of 12 bedrooms and 8 bathrooms across its five rented units: Unit B - Studio, rented for $550 Unit 1F - Spacious 1 bed, 1 bath, rented for $850 Unit 1R - Bi-level 2 bed, 2 bath, rented for $1,000 Unit 2 - Charming 4 bed, 2 bath, rented for $1,200 Unit 3 - Bright 4 bed, 2 bath, rented for $1,200 Though the property is zoned as a quadplex, its current layout provides flexibility for multiple rental configurations, making it a high-yield asset with strong demand from Temple students. A Unique Investment in Philadelphia Real Estate 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. Own a piece of Philadelphia s architectural legacy while benefiting from a proven rental income stream in a rapidly evolving neighborhood. Don t miss out on this prime investment opportunity!