1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
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Listed by Maria Quattrone • LPT Realty, LLC
$ 250,000
Est. payment | /mo

2,268 SqFt


$ 250,000
Est. payment | /mo

2,268 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $110

Subdivision Frankford

MLS Listing ID PAPH2661824

Style Colonial

Abv Grd Liv Area 2,268

Year Built 1935

Available Date 2026-09-16

Annual Tax Amount $2,658

Tax Year 2026

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20.00 x 100.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Live in One, Rent the Rest: Frankford Quadruplex with CRA Financing and $15,000 in Credits.

House hack alert. This property qualifies for CRA financing with just 3% down, no PMI, and an interest rate lower than FHA. Stack a $5,000 lender credit with the Philly First Home $10,000 grant, applied to closing costs or prepaids, and an owner occupant can step into an income producing building for a fraction of what most buyers spend on a single family home. The buyer must occupy the property as their primary residence to qualify.

Welcome to a rare multi unit opportunity in the heart of Frankford. This three story brick twin has 4 units with one studio and three one bedroom units, each with its own full bathroom. One front entrance and two side entrances keep resident access simple and private, accessible from the rear of the first floor unit, adds storage or expansion potential.

Two units are rented and two are vacant, giving a new owner immediate income plus the flexibility to move in, renovate, or lease at market rates. Total rental potential is approximately $3,000 per month, and the fully renovated building next door shows exactly where this corridor is heading.

Frankford keeps you connected: the Market Frankford Line and the Frankford Transportation Center put Center City within easy reach, with shopping and dining along Frankford Avenue nearby. Occupied units require 24 hour notice for showings.

Whether you are an owner occupant looking to live nearly payment free or an investor adding a value add asset, this one checks the boxes. Schedule your private showing today.

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RSA3

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

View Street

Accessibility None

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 2268

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 232140100

Ownership Fee Simple

SqFt Source 2268

Acceptable Financing Cash, Conventional, FHA, Exchange

Listing Terms Cash, Conventional, FHA, Exchange

Financing Cash,Conventional,FHA,Exchange

Special Listing Condition Standard

Virtual Tour https://view.ricoh360.com/ef9ee076-6e70-4689-be4a-1892f23db9d6

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Grant Bronson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 868-2511

grant@soldbybrg.com

1765 Greensboro Station PL, McLean, VA 22102, United States

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1516 ARROTT ST