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Photo of 1511 N 16th Street, Philadelphia PA
1511 N 16th Street
Philadelphia, PA 19121
# of Units
4
Acres
0.10
Interior SqFt
4,698
Age
109
Heating
Electric
Fireplaces
1
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2022)
8,058
Additional Details Below

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!

Location

Driving Directions

On 16th street between oxford street and jefferson street

Listing Details

Summary
Architectural Type

Straight Thru

Interior Features
Appliances

Built-In Microwave, Dishwasher, Dryer, Stove, Washer, Refrigerator

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Electric

Heating

Hot Water, Electric

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Additional Utilities

Electric Available, Sewer Available, Water Available

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rm1
Lattitude : 39.976704
Longitude : -75.161263
MLS# : PAPH2336776
Views : 30
Listing Courtesy: Van Ha of Mercury Real Estate Group

Notes

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Presentation: © 2024 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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