1516 W Westmoreland Street Philadelphia, PA $ 299,900
1516 W Westmoreland Street
$ 299,900
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1516 W Westmoreland Street

Philadelphia, PA, 19140
$ 299,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,894

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Multi-Family Home for sale in Philadelphia, PA

for $299,900 with 4 bedrooms. This home was built in 1925 on a lot size of 0.04.

Attention Investors & Owner-Occupants! Dont miss this fantastic opportunity to own a large 3-story brick front Triplex in the desirable Temple section of the city. This spacious property offers versatility, strong income potential, and plenty of room to customize, making it ideal for both investors and owner-occupants. The first-floor unit features a comfortable one-bedroom layout with a generously sized living and dining area with nice floors and a ceiling fan, a spacious eat-in kitchen with some recess lighting, and a full bathroom. This unit also provides direct access to the rear yard and the full unfinished basement, adding extra convenience, functionality and storage. The second-floor unit features a nice living room/dining room area with nice floors, ceiling fan, a full kitchen, an awesome nicely sized tiled bathroom and two awesome sized bedrooms. The Third-floor unit features a comfortable one-bedroom layout with a generously sized living/dining area with nice floors and a ceiling fan, a spacious eat-in kitchen, and a full bathroom. The full unfinished basement offers great ceiling height and houses a few heaters, three water heaters, and three gas meters, providing separate utilities for each unit. There are individual electrical panels for each unit, making it well-suited for multi-unit living or rental management. This property has great bones and tremendous potential to make a great investment, value-add improvements, or long-term rental income. Whether you are an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents a fantastic opportunity. Conveniently located in a high-demand rental area and near public transportation and just minutes from Temple Hospital, Temple school of Dentistry and much more. This property appeals to medical professionals, students, and staff, ensuring a consistent pool of potential tenants. This triplex is a smart investment that you dont want to miss out on. Schedule your showing today and explore the possibilities this investment has to offer!

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Multi-Family Active

Price

$ 299,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,439

Style

Traditional,Converted Dwelling

Lot Size

0.04

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2639308

Features
General
Living Area 2274
Sewer Public Sewer
Heating 90% Forced Air
Cooling None
Utilities Natural Gas Available Sewer Available Water Available
Possession Immediate
Roof Flat
Appliances Oven/Range - Gas Range Hood Refrigerator Washer/Dryer Stacked Water Heater
Zoning RSA5
Patio/Porch Features Porch(es)
Architectural Style Traditional Converted Dwelling
Security Features Security System Smoke Detector
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Tenant personal belongings.
Year Built 1925
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions North on Broad Street left turn onto Westmoreland Street proceed one block straight and then property will be on the left side of the street.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 1531.00
Number of Units Leased 1
Tax Annual Amount 3439.0
Property Condition Excellent
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 131.88
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 135
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Interior
Interior Amenities Bathroom - Stall Shower Bathroom - Tub Shower Ceiling Fan(s) Dining Area Kitchen - Eat-In Recessed Lighting
Heating Fuel Natural Gas
Basement Full Unfinished
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Exterior Lighting Sidewalks Street Lights
Pool No Pool
Water Source Public
Inclusions Any and all items that is left in the property after settlement except for Tenant Personal Belongings.
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 16.00 x 96.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 49140.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Re/Max Access

Broker

terrancelee.realestate@gmail.com

Email

Affordability Calculator

$2,180
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$299,900 Listed Price

Map


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1516 W Westmoreland Street, Philadelphia, PA, 19140 is a Multi-Family Home for sale at $299,900 with a lot size of 0.04. 1516 W Westmoreland Street has 4 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19140 which is in Philadelphia, PA