1511 North 16th Street
$699,999
—
4,698
4,698
$149
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...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!
- Listed by Van M Ha • Mercury Real Estate GroupP: (215)-806-9196 xbayha@gmail.com
Property Details for 1511 North 16th Street
Tax ID Number
471216100
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleStraight Thru
WaterfrontNo
GarageNo
Cross StreetJEFFERSON
MunicipalityPHILADELPHIA
LISTING UPDATED: 10/11/2024 06:24 PM
Property Details for 1511 North 16th Street
Status | Active |
---|---|
MLS # | PAPH2336776 |
Days on Market | 241 |
Taxes | $8,058 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.10 AC / 4,148 SF |
County | Philadelphia County |
Building Information for 1511 North 16th Street
Stories-Residences4Year Built1915Building Size-Lot Size0.10 AC / 4,148 SF
Property Information for 1511 North 16th Street
Property History for 1511 North 16th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1511 North 16th Street
Taxable ValueLand-Additions-Total-
Tax Record2023$8,059 ($672 / month)
Home Facts
Total Finished SqFt4,698 SqFtAbove Grade Finished SqFt4,698 SqFtStories3Lot Size4,148 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN47-1-2161-00Fireplace TypeHas Fireplace
Schools near 1511 North 16th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Meade Gen George C School PublicPK to 8 | ||
Vaux HS: A Big Picture School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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