Philadelphia, PA 19121,1511 N 16TH ST
Philadelphia, PA 19121,1511 N 16TH ST
Philadelphia, PA 19121,1511 N 16TH ST
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$649,999
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4,698 SqFt
Price Dropped by $50K

1511 N 16TH ST Philadelphia, PA 19121

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UPDATED:

11/25/2024 01:30 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,698 sqft

Price per Sqft $138

MLS Listing ID PAPH2336776

Style Straight Thru

Abv Grd Liv Area 4,698

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $8,058

Tax Year 2024

Lot Size 4,148 Sqft

Acres 0.1

Lot Dimensions 24.00 x 173.00

Property Description

Welcome to this exceptional investment opportunity located in the vibrant Temple University area. This property consist of TWO BUILDINGS, a quadplex and a bonus building the back! The quadplex, located on 16th street has 4 units total. Three of the units are completely turnkey and consist of 4 bedrooms, 2 bathrooms, washer/dryer and central air in each unit. They are located on the 1st, 2nd and 3rd floors. The 4th unit is on the lower level (basement) and requires full renovation to turn into another unit.

The 2nd floor unit is currently rented out for $2,150.

The BONUS building in the back, located on Sydenham street, can be transformed into a 4 unit building. Blueprints are already completed for the 4 unit, offering a clear vision for the potential of this space. Additional possibilities are an ADU or a spacious garage.

There is a lot of potential for these properties and the existing tenants will continue to provide cash flow while implementing your value-add.

Whether you are looking for a turnkey investment opportunity or a property with customization potential, this property offers both. Don't miss out on this chance to invest in one of Philadelphia's most dynamic neighborhoods. Schedule a showing today!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Fireplaces Number 1

Equipment Built-In Microwave, Dishwasher, Dryer, Stove, Washer, Refrigerator

Fireplace Y

Appliance Built-In Microwave, Dishwasher, Dryer, Stove, Washer, Refrigerator

Heat Source Electric

Exterior

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471216100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Van M Ha • Mercury Real Estate Group

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Tiffany Bullock

Agent | License ID: 5013689

+1(202) 227-6264

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1511 N 16TH ST