Investor Alert or First-Time Home Buyer Opportunity! Don't miss this fully leased corner triplex located directly across from Fotterall Square Park and within walking distance of Temple University's Medical School and Temple Hospital. This property offers incredible flexibility - live in one unit while the other two pay your mortgage, or add a solid, turnkey 10% CAP property to your investment portfolio. The triplex features three spacious 2-bedroom, 1-bath units: Unit 1 is leased at $1,100/month, Unit 3 is leased at $850/month, and Unit 2 is currently vacant - perfect for an owner-occupant or new tenant. Total annual income is $35,040, with room for future rent growth in this high-demand area. The current owner has invested over $40,000 in upgrades including brick repointing, newly recapped and sealed windows, replaced lintels where needed, and a brand-new stucco layer on the lower third of the home. These major exterior improvements make this property truly turnkey and low-maintenance for years to come. Enjoy the benefits of a fenced-in rear yard, bright corner exposure, and unbeatable proximity to Temple's campuses, public transit, and the regional rail - all within a few blocks. Whether you're a seasoned investor or a first-time buyer looking to build wealth through real estate, 2500 N 11th Street delivers cash flow, location, and long-term value in one complete package!
Property Features
Bedrooms
- Bedrooms: 6
- Primary Bedroom Dimensions: 10' x 20'
- Bedroom 1 Dimensions: 10' x 20'
- Bedroom 2 Dimensions: 10' x 20'
- Bedroom 3 Dimensions: 10' x 20'
- Primary Bedroom Level: Upper 3
- 2nd Primary Bedroom Level: Unspecified
- Bedroom 1 Level: Upper 1
- Bedroom 2 Level: Upper 1
- Bedroom 3 Level: Upper 3
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Hot Water
- Heating: Yes
Kitchen and Dining
- Dining Room Level: Unspecified
- Kitchen Dimensions: 10' x 20'
- Kitchen Features: Kitchen - Gas Cooking
- Kitchen Level: Main
Other Rooms
- Living Room Dimensions: 10' x 20'
- Family Room Level: Unspecified
- Living Room Level: Main
Land Info
- Lot Size Acres: 0.03
- Lot Size Square Feet: 1096
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Info
- Annual Tax Amount: 4156
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: PHILADELPHIA (NORTHEAST)
- Postal Code Plus 4: 1412
- Subdivision: PHILADELPHIA (NORTHEAST)
- Township: PHILADELPHIA
Building and Construction
- Total Square Feet Living: 2496
- Year Built: 1915
- Above Grade Finished Area: 2496
- BelowGradeFinishedArea: 0
- Construction Materials: Brick
- Levels: 3
- Property Age: 110
- Levels or Stories: 3
- Structure Type: End of Row/Townhouse
- Total Area Sqft: 2496