1615 S Frazier St, Philadelphia, PA 19143

Prime Buy-and-Hold Opportunity: 1615 S Frazier St, Philadelphia, PA 19143 Discover a turnkey investment gem in the heart of Philadelphia's up-and-coming Kingsessin neighborhood, where revitalization meets steady rental demand. This charming 2-bedroom, 1-bathroom townhome spans 938 square feet of well-maintained living space on a compact 942-square-foot lot, offering immediate cash flow potential for savvy buy-and-hold investors. **Seamless Income Stream Awaits:** Secure your portfolio with a reliable 12-month lease already in place. The current tenants are model renters-always paying on time and treating the property with care. This property positions you for strong, predictable returns with room for modest appreciation as the area continues to gentrify. Rents $200 under market average, allowing for built-in cashflow growth after 12 months. **Recent Capital Improvements for Low Maintenance:** The landlord has invested thoughtfully in upgrades, ensuring minimal near-term expenses and long-term durability. Highlights include: - **New windows with lifetime warranty** (installed 2022 & 2025) for energy efficiency and curb appeal. - **Brand-new water heater** (2025) to keep operations running smoothly. - **Fresh carpet throughout** (2024) for a like-new feel. - **Updated bathroom floor and vanity** (2025), enhancing functionality and style. - **New PVC drain lines** (2022 & 2023) for reliable plumbing. - **New fridge, stove, and interior doors** (2021), rounding out a modern kitchen setup. Built in 1925 with timeless Philadelphia rowhome character, this property blends historic charm with contemporary reliability-perfect for hands-off ownership. Annual property taxes are a modest $796, further bolstering your bottom line. Don't miss this low-risk, high-reward addition to your rental lineup. Schedule a showing today and start building wealth with confidence! Willing to deliver Vacant with longer close date

Property Features