1609 W Norris Street
Philadelphia, PA 19121
Listing provided courtesy of: RE/MAX Plus
Property Description
Priced to sell! Permits & architect plans are available! Inquire for more info. An amazing opportunity to build a triplex in one of the most desirable locations at Temple University can be yours. The plans are designed for a 3-unit, 11-bed/11-bath building with a rooftop. Setups:
Unit 1 - 4 bed/4 bath - $725-750/room, $2900-3000/mo total (1433 Norris A & 2044-26 Carlisle St A comps)
Unit 2 - 2 bed/2 bath - $800-850/room, $1600-1700/mo total (2044-46 Carlisle St #B comps)
Unit 3 - 5 bed/5 bath - $750/room, $3750/mo (one of the only 5 bed/5 bath in the area which would easily bring rent in the $750/room range)
This property's income using conservative numbers will be almost $100k/year.
The bed-to-bath ratio, location (literally one block to Broad St), and the fact that it is a new construction will make it a desirable rental for Temple students so you should have smooth leasing, low turnover, and overall easy management. Inquire about more info!
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Features:
Public Sewer
| Price: | $229,500 |
| Interior (SQFT): | 1,307 |
| Lot Size (SQFT): | 1,307 |
| Property Type: | Land |
Listing provided courtesy of: RE/MAX Plus. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 08:44:49
