Sold
Listed By:
Michael S Choplin with RE/MAX Services - 2156412500;
Sold By:
RE/MAX Services
Address
1508 W Tioga Street, Philadelphia, PA
Price
$ 385,000
Property Attributes
  • MLS#PAPH2536144
  • TypeMulti-Family
  • Listing Status CLOSED
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19140
  • NeighborhoodNicetown-Tioga
  • Zip19140
  • StyleStraight Thru,Colonial
  • Year Built1940
  • Taxes$ 2557
  • Price$ 385,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description

Introducing 1508 W Tioga St, a beautifully renovated seven-bedroom, three-bathroom home offering the perfect blend of space, comfort, and modern convenience. Located just 1-2 blocks from Temple University Medical School, Temple Hospital, Kresge Hall School of Medicine, Lewis Katz School of Medicine, Temple Pharmacy School and Shriner's Children's Hospital, this investment property is an ideal choice for students, medical professionals, and families seeking a well-appointed residence in a prime location. Spanning three levels, this expansive 2,930 sq. ft. property provides ample room to live, work, and entertain. The bright and inviting living room flows seamlessly into a modern kitchen featuring sleek countertops, stainless steel appliances, and plenty of cabinet space. A dedicated dining area offers the perfect setting for shared meals and gatherings. The home also includes a fenced-in backyard with a paved patio, creating a private outdoor retreat for relaxation or entertaining guests. Additionally, the fully accessible basement provides valuable extra storage and additional living space with a washer and dryer. Ideally positioned just minutes from the Broad Street Line, this home offers quick and easy access to Temple University, Center City and surrounding neighborhoods. Major highways, including Route 1, I-95, I-676, and I-76, are also within close reach, making commuting effortless. Situated in a Temple University security-patrolled area, residents can enjoy an added sense of safety and peace of mind. With its generous living space, modern updates, and unbeatable location, 1508 W Tioga St presents an incredible opportunity for those seeking a well-maintained and conveniently located rental. Dont miss your chance to make this exceptional property your next investment or home! The property was just fully renovated both interior and exterior for $250,000! It can also can be easily converted back to a Triplex based on its previous zoning. Revenue numbers are proforma based on the average Temple off campus housing rental cost per bedroom.

Price History

General Features

Zoning RSA5
Cooling Window Unit(s)
Number of Units Leased 7
Lease Type Modified Gross
Year Built 1940
Structure Type Interior Row/Townhouse
Historic Y/N No
Location Type Urban
Lot Size Square Feet 1649.00
Net Operating Income 49972.00
Lot Size Units Square Feet
City PHILADELPHIA
Accessibility None
Security Features Surveillance Sys
Acceptable Financing FHA,Conventional,Cash,VA
Patio/Porch Features Porch(es),Patio(s),Enclosed
Price Per Sq Ft Total AG 170.31
Other Units Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7
New Construction No
Appliances Oven/Range - Electric,Refrigerator,Washer,Dryer - Electric
View City,Street
Living Area 3430
Architectural Style Straight Thru,Colonial
Cap Rate 9.61
Tax Assessed Value 182700.0
Transportation Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile
County PHILADELPHIA
Total SQFT 3430
Other Structures Above Grade,Below Grade
Close Price 385000.00
Gross Income 57600.00
Property Type Multi-Family
Single Room Units Count 7
One Bedroom Units Count 7
Home Warranty Y/N No
Utilities Natural Gas Available
Property Condition Excellent
Subdivision Name NICETOWN-TIOGA
Sewer Public Sewer
Tax Year 2025
Electric 100 Amp Service
ModificationTimestamp 2025-11-10T05:39:52
Association Recreation Fee No
Buyer Financing Owner Financing
Standard Status Closed
Disclosures None
Status CLOSED
Roof Flat
Vacation Rental Y/N No
Total Rooms 13
Possession Immediate
Heating Baseboard - Electric
Construction Materials Brick,Stone,Aluminum Siding
Cool Fuel Electric
Property Subtype Triplex
Garage Y/N No
Year Built Source Assessor
Directions USE GPS
Number Of Units Total 3
MLS Area 19140 (19140)
Ownership Fee Simple
Water Access Y/N No
Tax Annual Amount 2557.0
School District THE SCHOOL DISTRICT OF PHILADELPHIA

Interior Features

Furnished Units None
Hot Water Electric
Fireplace Y/N No
Window Features Bay/Bow,Double Pane,Energy Efficient,Replacement
Basement (Y/N) Yes
Heating Y/N Yes
Basement Full,Fully Finished
Central Air Y/N No
Interior Amenities Bathroom - Stall Shower,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Chair Railings,Combination Dining/Living,Dining Area,Entry Level Bedroom,Floor Plan - Open,Kitchen - Eat-In,Primary Bath(s),
Heating Fuel Electric
LivingAreaSource Estimated
Total Stories 3

Exterior Features

Exterior Amenities Exterior Lighting,Sidewalks,Street Lights
Water Oriented Y/N No
Door Features Six Panel
Land Use Code RSA5
Road Frontage Length 17
Road Responsibility City/County
Spa No
Lot Features Level
Foundation Details Brick/Mortar
Pool No Pool
Lot Size Acres 0.04
Lot Size Source Assessor
Lot Dimensions 17.00 x 97.00
Inclusions Washer,dryer,refrigerator & microwave.
Navigable Water Y/N No
Water View Y/N No
Days on Market 52
Road Surface Type Black Top
Water Source Public
LotDimensionsSource Assessor
Waterfront Y/N No
Type of Parking On Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19140

Price
AVG $330K
$390K
Taxes
AVG $2,620
$2,557
Year Built
AVG 1937
1940