1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
1516 ARROTT ST, Philadelphia, PA 19124
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$ 235,000
Est. payment | /mo

2,268 SqFt


$ 235,000
Est. payment | /mo

2,268 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $103

Lot Size 2,000 Sqft

MLS Listing ID PAPH2661824

Financing Cash,Conventional,FHA,Exchange

Style Colonial

Subdivision Frankford

Total Units 4

Short Sale No

Originating MLS BRIGHT

Available Date 2026-09-18

Property Description

Live in One, Rent the Rest: Frankford Quadruplex with CRA Financing and $15,000 in Credits.

House hack alert. This property qualifies for CRA financing with just 3% down, no PMI, and an interest rate lower than FHA. Stack a $5,000 lender credit with the Philly First Home $10,000 grant, applied to closing costs or prepaids, and an owner occupant can step into an income producing building for a fraction of what most buyers spend on a single family home. The buyer must occupy the property as their primary residence to qualify.

Welcome to a rare multi unit opportunity in the heart of Frankford. This three story brick twin has 4 units with one studio and three one bedroom units, each with its own full bathroom. One front entrance and two side entrances keep resident access simple and private, accessible from the rear of the first floor unit, adds storage or expansion potential.

Two units are rented and two are vacant, giving a new owner immediate income plus the flexibility to move in, renovate, or lease at market rates. Total rental potential is approximately $3,000 per month, and the fully renovated building next door shows exactly where this corridor is heading.

Frankford keeps you connected: the Market Frankford Line and the Frankford Transportation Center put Center City within easy reach, with shopping and dining along Frankford Avenue nearby. Occupied units require 24 hour notice for showings.

Whether you are an owner occupant looking to live nearly payment free or an investor adding a value add asset, this one checks the boxes. Schedule your private showing today.

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RSA3

Area 19124 (19124)

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

View Street

Accessibility None

Parking Type On Street

Building

New Construction N

Foundation Stone

Lot Dimensions 20.00 x 100.00

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Schools

School District The School District Of Philadelphia

Others

Tax Amount $2,658

Tax Year 2026

Tax ID 232140100

Ownership Fee Simple

SqFt Source 2268

Acceptable Financing Cash, Conventional, FHA, Exchange

Special Sale Standard

Bright MLS (BMLS)
Listed by Maria Quattrone • LPT Realty, LLC

Nearby Locations

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