1516 ARROTT ST Philadelphia, PA 19124
2,268 SqFt
UPDATED:
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
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
