Price Reduction
Address
1511 N 16Th Street, Philadelphia, PA
Price
$ 749,999
Property Attributes
- MLS#PAPH2336776
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19121
- Zip19121
- StyleStraight Thru
- Year Built1915
- Taxes$ 8058
- Price$ 749,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1 Acres
Data Source:
Bright MLS
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 and requires full renovation. The 2nd and 3rd floor units are currently rented out. 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!
| Price History | |
|---|---|
| 3/29/2024 | Listed $875,000 |
| 4/15/2024 | 9% - $799,000 |
| 4/27/2024 | 7% - $749,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Hot Water |
| Cooling | Central A/C |
| Utilities | Electric Available,Sewer Available,Water Available |
| Possession | Immediate |
| Appliances | Built-In Microwave,Dishwasher,Dryer,Stove,Washer,Refrigerator |
| Zoning | RM1 |
| Architectural Style | Straight Thru |
| Construction Materials | Masonry |
| Year Built | 1915 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | On 16th street between oxford street and jefferson street |
| ModificationTimestamp | 2024-05-18T12:16:52 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19121 (19121) |
| Lot Size Square Feet | 4148.00 |
| Tax Assessed Value | 575707.0 |
| Waterfront Y/N | No |
| Street Name | 16TH |
| Tax Annual Amount | 8058.0 |
| Home Warranty Y/N | No |
| Structure Type | Interior Row/Townhouse |
| Price Per Sq Ft Total | 159.64 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 4698 |
| Days on Market | 52 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 66 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Total Fireplaces | 1 |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | U50 |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Dimensions | 24.00 x 173.00 |
| Lot Size Acres | 0.10 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 197160.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19121
Price
Taxes
Visits
Year Built
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