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… Read More 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 Read Less
Courtesy of Kalif Celestine, Opulent Realty Group LLC [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
1
Square Ft.
938
Year Built
1925
MLS Number
PAPH2538366
Additional Details
Basement
Dirt Floor
Building
938 sqft living area, 938 sqft above grade (finished), Built in 1925, Major renovation in 2025, Structure Type: Interior Row/Townhouse, Wall & Ceiling Types: Plaster Walls, 3 levels in building, 2 levels, Straight Thru, Traditional, Masonry
Cooling
Electric, Window Unit(s)
Fees
Ground Rent Pymnt Freq: Annually
Floors
Carpet, Vinyl
Foundation
Stone
Heating
Natural Gas, 90% Forced Air
Laundry
Hookup
Lot
555 sqft
Property
Other Structures: Above Grade, Below Grade
Roof
Flat
Sewer
Public Sewer
Taxes
County Tax Pymnt Freq: Annually, School Tax: $1,002, Tax Annual Amount: $1,790, Tax Year: 2025
Utilities
Hot Water: Natural Gas
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