1801 S 16th St , Philadelphia, PA 19145
Philadelphia, PA 19145
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 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.
Details
| MLS# | PAPH2376702 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 92 |
| Listing Provided By | KW Empower | Monique Perri |
Features
| SQ Feet | 2,210 |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.02 |
Market Activity 19145
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19145 |
| Area | 19145 |
| Community Name | Newbold |
| School District | The School District Of Philadelp |
| Listing VS Median (in Newbold) | |
Price: $649,000 low | high Med: $289,900 SqFt: 2,210 low | high Med: 1,036 $ / SqFt: $294 low | high Med: $280 On Site: 92 low | high Med: 2347.000000 | |