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MLS: #PAPH2661824, Listed By: Maria Quattrone, LPT Realty, LLC, Source:Bright MLS

1516 Arrott Street

PHILADELPHIA, PA 19124
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Bed 3

Bed

Bath 0

Bath

SqFt2,268

Sqft

Acres0.05

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 91101539

MLS Id : PAPH2661824

Beds : 3

Lot Size : 0.05 Acre

Living Area Size : 2,268 Sq. Ft

Tax Amount : $2,658

Year Built : 1935

County : PHILADELPHIA

Subdivision: Frankford

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1935 Building Area Total: 2268 Pool Features: None Private Pool: No View: Street

  • Lot Information

    Lot Dimensions: 20.00 x 100.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2000

    Property Information

    Subdivision: FRANKFORD Source Property Type: Residential Income Postal Code Plus 4: 5868 Property SubType: Quadruplex Property Age: 91

  • Listing Price Information

    Listing Price: $250000

  • Tax Information

    Parcel Number: 232140100 Tax Lot: 45 Tax Year: 2026 Annual Tax: $2658

  • Parking Information

    On Street

  • Location Information

    Direction: From Frankford Ave turn onto Arrott St. Continue past Griscom St, the property is the second home on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2094 Carver Street, Philadelphia, PA, 19124 $215,000 2 -- 1,446 --
5234 Jackson Street, Philadelphia, PA, 19124 $405,000 4 -- 1,841 0.09 Acre
2120 Orthodox Street, Philadelphia, PA, 19124 $375,000 1 -- 2,318 0.10 Acre
4952 Hawthorne Street, Philadelphia, PA, 19124 $190,000 2 -- 1,472 0.04 Acre
2017 Orthodox Street, Philadelphia, PA, 19124 $295,000 4 -- 3,609 0.04 Acre
1631 Wakeling Street, Philadelphia, PA, 19124 $225,000 5 -- 2,000 0.04 Acre
4684 Hawthorne Street, Philadelphia, PA, 19124 $280,000 4 -- 1,582 0.05 Acre
4811 Darrah Street, Philadelphia, PA, 19124 $185,465 2 -- 908 0.03 Acre
5106 Penn Street, Philadelphia, PA, 19124 $199,900 2 -- 1,416 0.03 Acre
4656 Lesher Street, Philadelphia, PA, 19124 $109,900 2 -- 1,100 0.03 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/26/2026 @ 23:47

MLS: PAPH2661824 LISTED BY: Maria Quattrone, LPT Realty, LLC 877-366-2213 SOURCE: Bright MLS

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