557-559 North 16th Street

Philadelphia, PA 19130

$1,500,000
Price
Beds
2,199 Sq. Ft.
$682 / Sq. Ft.
2,199
Sq. Ft.
$682
per Sq. Ft.

Description

SEVEN (7) APARTMENTS, (7) BATHROOMS, (2) BRICK TOWNHOUSES, Multifamily ideally situated 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. TOTAL ABOVE GRADE SF 557-559 - 4,149 SF estimate; other data regarding lot size and property...SEVEN (7) APARTMENTS, (7) BATHROOMS, (2) BRICK TOWNHOUSES, Multifamily ideally situated 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. TOTAL ABOVE GRADE SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. 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 only. Current Vacant Apartments may be viewed on Zillow. ​ Tax identification numbers for 557 & 559 N 16th Street 084113500, 084113400, Real Estate Tax 557-$7879.00 - Real Estate Tax - 559: $ 9580.00; Total Above Grade SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. Rent Approximations - Below Market : 557 #1 - $1,000 Manager; #2 - $1,375; #3 - 557 - $ 950; 559 #1 - $1,575; 559 2F - $950; 559 2R - $950; 3F 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.
  1. Listed by Barry P Polis • Polis Real Estate
    P: (610)-667-6450 polisrealestate@gmail.com

Property Details for 557-559 North 16th Street

Tax ID Number
084113500, 084113400
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
04-24-2024
Municipality
PHILADELPHIA
LISTING UPDATED: 12/19/2024 02:46 PM

Property Details for 557-559 North 16th Street

StatusActive
MLS #PAPH2338728
Days on Market238
Taxes$9,545 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,350 SF
CountyPhiladelphia County

Building Information for 557-559 North 16th Street

Stories-Residences4Year Built1915Building Size-Lot Size0.03 AC / 1,350 SF

Property Information for 557-559 North 16th Street

Location
Location
  • 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
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19130 (19130)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $681,900
  • Year Assessed: 2024
  • Improvement Assessed Value: $545,520
  • City Town Tax: $4,199
  • Land Assessed Value: $136,380
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Agricultural Tax Due: No
  • Zoning: RM1
  • Tax Lot: 159
  • School Tax: $5,345
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 7
  • One Bedroom Units Count: 7
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 5
  • Number Of Units Vacant: 2
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,199.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 78.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 926759
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 557-559 North 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 557-559 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 - 5 to 12
Public - 9 to 12
Rating
School
Distance
Waring Laura W School
PublicPK to 8

Franklin Benjamin High School
Public9 to 12

Masterman Julia R Secondary School
Public5 to 12

Franklin LC
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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557-559 North 16th Street is a multi-family home for sale in Philadelphia, PA 19130. This property was listed for sale on April 9, 2024 by Polis Real Estate, it's currently listed at $1,500,000. This listing's school district is The School District of Philadelphia. Nearby schools include Waring Laura W School, Franklin Benjamin High School and Masterman Julia R Secondary School. 557-559 North 16th Street is a 0-bed, 0-bath, 2,199 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Polis Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.