Open House: Thu, Mar 6th 4:00 PM - 6:00 PM EST

Active

615 S 10th St

Philadelphia PA, 19147

$950,000


$316.25 per sqft

Active

4 Beds

3,004 sqft

Multi-family

Built in 1915

Rare investment opportunity in a prime location in Bella Vista! This legal fully-occupied triplex is located on a tree-lined street just half a block from South Street and half a block from the park with Palumbo Recreation Center! This property features three units, each with a unique layout and its own outdoor space. The first floor unit (rented for $1650) is a very large apartment with one full bathroom and full bedroom on the main floor, and an additional room and laundry room in the basement. It also enjoys access to the very large rear yard. This unit could easily be converted into a legal two bedroom unit (plus basement room) by adding a door between the front room and the large dining room. Tenants will enjoy the tall ceilings, well-preserved charm of the crown moldings and trim, the beautiful original hardwood floors, and the elegant marble fireplaces in both the living room and dining room. A grand hallway with vestibule, tall ceilings, and wood railing welcomes you up to the second floor, where you will find the entrance to Unit 2R to the rear and Unit 2F to the front. Unit 2R is a large well-appointed studio with a sleeping loft, large bathroom, and its own private rear deck. It is currently rented for $1175/month, but the tenant has renewed for another year starting 5/1/25 at $1200/month. The giant sliding glass door floods this unit with natural light, making it a welcoming and spacious living space. This is the only unit that does not contain its own laundry, but there is room to add it in the bathroom. Unit 2F is the largest unit and could also make a fantastic owners unit (currently rented for $2900/month). The unit is spread out over three levels- upon entering, you'll find a large coat closet, spacious living room, dining area and kitchen. This unit also has a beautiful original fireplace and original hardwood floors, and it also enjoys tons of storage throughout. The stairway leads you to the next level, which has a sunny open area with a full bathroom and giant glass doors out to a large deck. The main bedroom is also on this level with its own private en suite bathroom and tons of closets. On the third level are two additional bedrooms. Tenants pay their own utilities (except water/sewer), as gas and electric are all separate, and each unit has central air. The front part of the basement (which has very tall ceilings) is unfinished and contains the utilities and storage for the tenants, with access from the main hallway. The units are rented at under market rates, and with small improvements could offer the opportunity for even more income. Tenants will enjoy walking access to Center City, major theaters and restaurants, the Broad Street subway line (only 4 blocks away), the Italian Market, and local favorites like Angelos Pizza, Morning Glory Diner, and more. Shopping is a breeze with both Whole Foods and Acme right at the corner of the block! This is a fantastic opportunity for an owner occupant or an investor, and the property's proximity to local hospitals, schools, and Center City makes these units super easy to rent.

PAPH2448220

MLS ID

February 27, 2025

Listed

February 28, 2025

Updated

Interior Features

Bedrooms

4


Appliances

Dishwasher, Dryer, Refrigerator, Cooktop, Washer


Floor Description

Hardwood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.04 Acres


Exterior Features

Balcony


Architectural Style

Traditional


Sewer

Public Sewer


Patio And Porch

Deck, Patio

School Information

School District

PHILADELPHIA CITY

Other Property Details

Area Name

PHILADELPHIA


Taxes

$12,596


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Zoning

RM1 with approved use as a 3 family dwelling

Listing History

Date

Event

Price

2/27/2025

Active

Open House Schedule

Thu, Mar 6th

4:00 PM - 6:00 PM EST

Listed by Compass Pennsylvania, LLC
Listing Contact: 2673571334 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Bright MLS, Inc. all rights reserved.

Data last updated on 2/28/2025 at 8:16 PM UTC

Powered byLuxury Presence