1801 S 16TH ST Active

Philadelphia,PA 19145

$ 649000

1 Bed

1 Bath

2210 SqFt


Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,210 sqft

Price per Sqft $293

Subdivision Newbold

MLS Listing ID PAPH2376694

Style Traditional

Bedrooms 1

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 2,210

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,409

Tax Year 2024

Lot Size 1,037 Sqft

Acres 0.02

Lot Dimensions 17.00 x 61.00

Property Description

FULLY RENTED! 5-UNIT BUILDING! A prime investment opportunity nestled in the Newbold neighborhood of South Philly. This expansive 5-unit building presents a blend of commercial and residential spaces, ideal for savvy investors seeking to capitalize on the area's growth.

Zoned CMX2, this property has a commercial ground floor , turned residential with a finished basement. Above, four meticulously maintained residential units offer comfortable living with each unit featuring one bedroom and one bath, all separately metered for utilities. Each unit has separate meters. All units are currently rented with month to month leases in place, there's significant potential to optimize rental income by bringing rents up to market rates.

Expand your rental property portfolio! Reach out to secure the rent roll and schedule a tour of your next investment venture.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX2

Rooms

Basement Fully Finished

Main Level Bedrooms 1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 881111650

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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