1511 N 16TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
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 $148
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
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
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