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1516 Arrott St , Philadelphia, PA 19124
$209,000
Est. Payment: $1,129.05/mo
3 Bed
4 Bath
2268 Sqft
0.05 Acres
Status: active | Days on site: 56
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LPT2 - 3151733
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House Description

Live in One, Rent the Rest: Frankford Quadruplex! Welcome to a rare multi-unit opportunity in the heart of Frankford! This three-story brick twin features four units, each offering 1 bedroom and 1 full bathroom. With two vacant units and two tenant-occupied units, this property provides flexibility for an owner-occupant or investor seeking rental income and future cash flow potential. Unit Features and Rental Information: Unit 1R is vacant and features 1 bedroom and 1 bathroom, with a proposed rent of $850/month, including gas and water. Unit 1F is also vacant and features 1 bedroom and 1 bathroom; it was previously rented for $750/month, including gas and water, before the tenant was evicted. The second-floor unit features 1 bedroom and 1 bathroom and is currently rented for $725/month, including gas and water, with a lease expiring February 28, 2027. The third-floor unit features 1 bedroom and 1 bathroom and is currently rented for $750/month, including gas and water, on a month-to-month lease. The tenant has occupied the unit since 2024. Based on the proposed and current rents, the property offers approximately $3,075 in potential monthly rental income, or $36,900 annually, assuming all four units are rented at the stated amounts. The property features one front entrance and two side entrances for convenient access, while the rear of the first-floor unit offers additional storage or potential for expansion. The fully renovated building next door highlights the potential of this corridor. Frankford keeps you connected, with the Market-Frankford Line and Frankford Transportation Center providing convenient access to Center City, along with shopping and dining along Frankford Avenue. A minimum of 24 hours' notice is required for showings of occupied units. Schedule your private showing today!

Highlights

Listed by Maria Maria Quattrone Quattrone , 2156073535 LPT Realty, LLC , 8773662213. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1935

County

Philadelphia

Area

19124 (19124)

Neighborhood

Frankford

School District

The School District Of Philadelphia

Listing ID

PAPH2661824

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Above Ground Sq Ft:2268
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:20.00 x 100.00
Zoning:RSA3
Others:
  • ▪ Additional:Sidewalks, Street Lights
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,129
Taxes
$222

Home Price

$209,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$41,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,129.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,129.05 $221.50 $0.00 $1,350.55
Yearly $13,548.65 $2,658.00 $0.00 $16,206.65
Total $406,459.50 $79,740.00 $0.00 $486,199.50
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:10:58.000Z

© 2026 Bright MLS