1801 South 16th Street
$649,000
—
2,210
2,210
$294
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 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...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 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.
- Listed by Monique Perri • KW EmpowerP: (267)-269-7920 moniqueperri@kw.com
Property Details for 1801 South 16th Street
Tax ID Number
881111650
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleUnit/Flat
WaterfrontNo
GarageNo
SubdivisionNEWBOLD
SubdivisionNEWBOLD (PHILADELPHIA PA)
LISTING UPDATED: 09/19/2024 10:08 PM
Property Details for 1801 South 16th Street
Status | Active |
---|---|
MLS # | PAPH2376702 |
Days on Market | 94 |
Taxes | $4,409 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.02 AC / 1,037 SF |
County | Philadelphia County |
Building Information for 1801 South 16th Street
Stories-Residences4Year Built1920Building Size-Lot Size0.02 AC / 1,037 SF
Property Information for 1801 South 16th Street
Property History for 1801 South 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 1801 South 16th Street
Taxable ValueLand$94,500Additions$220,500Total$315,000
Tax Record2023$4,409 ($367 / month)
Home Facts
Total Finished SqFt2,210 SqFtAbove Grade Finished SqFt2,210 SqFtStories3Lot Size1,037 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningCMX2CountyPHILADELPHIAAPN88-1-1116-50
Schools near 1801 South 16th Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Girard Stephen School PublicK to 4 | ||
Gamp Public5 to 12 | ||
Creative And Performing Arts Public9 to 12 | ||
Academy At Palumbo 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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