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1516 W Westmoreland St , Philadelphia, PA 19140
$289,900
Est. Payment: $1,566.09/mo
4 Bed
3 Bath
2274 Sqft
0.04 Acres
Status: active | Days on site: 117
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RMACCS - 3175916
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House Description

Attention Investors & Owner-Occupants! Don’t miss this fantastic opportunity to own a large 3-story brick front Triplex in the desirable Temple section of the city. This spacious property offers versatility, strong income potential, and plenty of room to customize, making it ideal for both investors and owner-occupants. The first-floor unit features a comfortable one-bedroom layout with a generously sized living and dining area with nice floors and a ceiling fan, a spacious eat-in kitchen with some recess lighting, and a full bathroom. This unit also provides direct access to the rear yard and the full unfinished basement, adding extra convenience, functionality and storage. The second-floor unit features a nice living room/dining room area with nice floors, ceiling fan, a full kitchen, an awesome nicely sized tiled bathroom and two awesome sized bedrooms. The Third-floor unit features a comfortable one-bedroom layout with a generously sized living/dining area with nice floors and a ceiling fan, a spacious eat-in kitchen, and a full bathroom. The full unfinished basement offers great ceiling height and houses a few heaters, three water heaters, and three gas meters, providing separate utilities for each unit. There are individual electrical panels for each unit, making it well-suited for multi-unit living or rental management. This property has great bones and tremendous potential to make a great investment, value-add improvements, or long-term rental income. Whether you are an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents a fantastic opportunity. Conveniently located in a high-demand rental area and near public transportation and just minutes from Temple Hospital, Temple school of Dentistry and much more. This property appeals to medical professionals, students, and staff, ensuring a consistent pool of potential tenants. This triplex is a smart investment that you don’t want to miss out on. Schedule your showing today and explore the possibilities this investment has to offer!

Highlights

Listed by Terrance E Lee , 2154161176 RE/MAX Access , 2154002600. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1925

County

Philadelphia

Area

19140 (19140)

Neighborhood

Temple University

School District

The School District Of Philadelphia

Listing ID

PAPH2639308

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
Above Ground Sq Ft:2274
Basement:Full,Unfinished
Other:
  • ▪ Additional:Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16.00 x 96.00
Zoning:RSA5
Roof:Flat
Others:
  • ▪ Additional:Exterior Lighting, Sidewalks, Street Lights, Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,566
Taxes
$287

Home Price

$289,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$57,980
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:
$1,566.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,566.09 $286.58 $0.00 $1,852.67
Yearly $18,793.08 $3,439.00 $0.00 $22,232.08
Total $563,792.39 $103,170.00 $0.00 $666,962.39
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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: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS