1615 S Frazier St Philadelphia, PA 19143
Kingsessing NeighborhoodEstimated payment $860/month
Highlights
- Straight Thru Architecture
- 1-minute walk to Chester Avenue And 57Th Street
- 90% Forced Air Heating System
- No HOA
- Living Room
- Carpet
About This Home
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
Listing Agent
(484) 832-9429 kalif.celestine@kw.com Opulent Realty Group LLC License #RS345867 Listed on: 11/21/2025
Co-Listing Agent
(484) 512-8641 sf@sellfastre.com Opulent Realty Group LLC License #RM425920
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,790
Year Built
- Built in 1925 | Remodeled in 2025
Lot Details
- 555 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Straight Thru Architecture
- Traditional Architecture
- Flat Roof Shape
- Stone Foundation
- Plaster Walls
- Masonry
Interior Spaces
- 938 Sq Ft Home
- Property has 2 Levels
- Living Room
- Basement
- Dirt Floor
- Washer and Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- 90% Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 137
- Assessor Parcel Number 514041100
Community Details
Overview
- No Home Owners Association
- Kingsessing Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $852 | $127,900 | $25,580 | $102,320 |
| 2025 | $852 | $127,900 | $25,580 | $102,320 |
| 2024 | $852 | $127,900 | $25,580 | $102,320 |
| 2023 | $852 | $60,900 | $12,100 | $48,800 |
| 2022 | $167 | $15,900 | $12,100 | $3,800 |
| 2021 | $796 | $0 | $0 | $0 |
| 2020 | $796 | $0 | $0 | $0 |
| 2019 | $735 | $0 | $0 | $0 |
| 2018 | $256 | $0 | $0 | $0 |
| 2017 | $676 | $0 | $0 | $0 |
| 2016 | $256 | $0 | $0 | $0 |
| 2015 | $168 | $0 | $0 | $0 |
| 2014 | -- | $42,500 | $4,332 | $38,168 |
| 2012 | -- | $5,600 | $1,188 | $4,412 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $135,000 | +40.6% | $144 / Sq Ft | |
| 07/06/2021 07/06/21 | Sold | $96,000 | 0.0% | $102 / Sq Ft | View Prior Sale |
| 05/11/2021 05/11/21 | Price Changed | $96,000 | +9.7% | $102 / Sq Ft | |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- | |
| 04/09/2021 04/09/21 | Price Changed | $87,500 | -8.9% | $93 / Sq Ft | |
| 03/19/2021 03/19/21 | For Sale | $96,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $96,000 | Great American Abstract | |
| Deed | $28,000 | Lawyers Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $94,261 | New Conventional | |
| Closed | $4,800 | No Value Available |
Source: Bright MLS
MLS Number: PAPH2538366
APN: 514041100
- 1626 S 56th St
- 1606 S 56th St
- 1604 S 56th St
- 1610 S Ithan St
- 1600 S Ithan St
- 1827 S 57th St
- 5528 Belmar Terrace
- 5637 Belmar Terrace
- 5643 Chester Ave
- 5658 Belmar Terrace
- 1414 S 55th St
- 5534 Windsor Ave
- 5712 Springfield Ave
- 1732 S Frazier St
- 1816 S Alden St
- 1822 S Alden St
- 1528 S Vogdes St
- 5725 Springfield Ave
- 5715 Belmar Terrace
- 5533 Kingsessing Ave
- 1821 S Alden St
- 1422 S Vogdes St
- 5453 Trinity St
- 1542 S 55th St
- 5822 Warrington Ave
- 2035 S Frazier St
- 2030 S Cecil St Unit 1
- 2048 S Alden St
- 5834 Beaumont Ave
- 2053 S Cecil St Unit 1
- 5927 Springfield Ave
- 5410 Kingsessing Ave
- 2117 S Alden St
- 5953 Chester Ave Unit 1
- 5852 Pentridge St
- 5812 Willows Ave
- 5321 Reinhard St
- 5820 Willows Ave
- 5237 Chester Ave Unit 3
- 5237 Chester Ave Unit 2