Listed By:
Polis Real Estate
Address
557-559 N 16Th Street, Philadelphia, PA
Price
$ 1,500,000
Property Attributes
  • MLS#PAPH2338728
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19130
  • Zip19130
  • StyleTraditional
  • Year Built1915
  • Taxes$ 9545
  • Price$ 1,500,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

Ideally situated (2) Brick Townhouse Multifamily total of SEVEN (7) APARTMENTS in the Spring Garden - Art Museum - Fairmount Section of Philadelphia, steps to Roberto Clemente Park East/West River Drives and the Parkway with several of the neighborhood's premier restaurants, museums the parkway, public transportation, ideal for walkers, bicyclists, and immediate to the scenic river drive walking trails. Properties are affording tremendous curb appeal in a neighborhood surrounded by new development properties. This neighborhood which is blocks from Temple University, Community College of Philadelphia, steps to the Broad Street line, and quickly accessible to many alternative transportation lines for easy travel throughout the city. All agent showings through MLS showtime.com only. Current Vacant Apartments may be viewed on Zillow. Tax information combined for 557 & 559 N 16th Street 084113500, 084113400, Total Municipal Real Estate Tax 557-559:7879.00 - TotalSchool Real Estate Tax 557-559: $9580.00; Total Above Grade SF 557-559 - 4,149 SF; other data regarding lot size and property specifics should be searched independently by specific addresses. Rent Approximations - Below Market : 557 $1,000 Manager; #1 - 557; $1,375; #2 - 557 $ 950; 559 #1 - $1,575; 559 2F - $950; 559 2R - $950; 559 - $1,375. (5) One Bedroom Apts with patio or deck, (2) Studio Apts Showing Appointments Only With Prior Accepted Offer. These two (2) townhouse properties are being sold in combination as a seven (7) unit apartment building and are to be considered as a commercial sale. Seller must approve and accept Buyer's Signed Agreement of Sale , maximum (5) days "inspection period" in (AOS) and Buyer's (BFI) must be acceptable to Seller before any showings will be scheduled. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisers. You and your advisers should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Price History
4/3/2024 Listed $1,500,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling None
Possession Negotiable
Roof Flat
Zoning RM1
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Masonry
Exclusions To be documented during due diligence
Year Built 1915
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile,Commuter Rail Station less than 1 mile
Status ACTIVE
Directions Spring Garden Street - N 16TH Street corner of Brandywine Street
ModificationTimestamp 2024-04-11T08:00:23
City PHILADELPHIA
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State,Prop Disclosure
Total Units 4
MLS Area 19130 (19130)
Lot Size Square Feet 1350.00
Tax Assessed Value 681900.0
Waterfront Y/N No
Number of Units Leased 5
Street Name 16TH
Tax Annual Amount 9545.0
Home Warranty Y/N No
Structure Type Twin/Semi-Detached
Single Room Units Count 7
One Bedroom Units Count 7
NumberOfUnitsVacant 2
Price Per Sq Ft 682.13
Acceptable Financing Cash
Vacation Rental Y/N No
Total SQFT 2199
Days on Market 22
Standard Status Active
Year Built Source Assessor
Tax Lot 159
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Inclusions To be documented during due diligence
Type of Parking None
Land Use Code U50
Foundation Details Brick/Mortar
Water View Y/N No
Lot Dimensions 17.00 x 78.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 136380.00
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 19130

Price
AVG $1.21M
$1.5M
Taxes
AVG $7,590
$9,545
Visits
AVG 284
130
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1915

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