Price Reduction
Address
1801 S 16Th Street Philadelphia, PA
Price
$ 589,900
Property Attributes
  • MLS#PAPH996206
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19145
  • NeighborhoodNEWBOLD
  • Zip19145
  • StyleApartment Building
  • Year Built1920
  • Taxes$ 4191
  • Price$ 589,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2210
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
RE/MAX Access
Data Source:
Bright MLS
Property Description

PRIME INVESTMENT OPPORTUNITY in NEWBOLD!! This property is a 5-unit apartment with a strong rental history and excellent upgrades. This building sits in a great corner location and offers plenty of opportunity for added value. The current configuration includes five separate apartments which all function as individual units with separate utilities including electric meters, oil-based heat and individual water tanks. The third-floor studio and second floor front units are similar with a separate kitchen and bath. The second-floor back unit is a spacious 1 bedroom boasting recent renovations including hardwood flooring. The first-floor front unit is the largest apartment and even includes a finished basement. The first-floor back apartment has a large kitchen and bath with a smaller bedroom and additional room. This property is perfect for a live rent situation if desired, and can easily configure to a single family living with the third floor and second floor front units as rentals. The chance to own this amazing property will not last long. Give us a call today.

Price History
3/16/2021 Listed $649,900
3/23/2021 8% - $599,900
6/7/2021 2% - $589,900

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Apartment Building
Construction Materials Masonry
Cool Fuel None
Cooling None
County PHILADELPHIA
Days on Market 91
Heating Baseboard - Electric
MLS Area 19145 (19145)
Municipality PHILADELPHIA
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 266.92
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Average
Sewer Public Sewer
Subdivision Name NEWBOLD
Tax Annual Amount 4191.0
Tax Lot 200
Tax Year 2021
Total Units 7
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 2210.00
Lot Dimensions 17.00 x 61.00
Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 1037.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19145

Price
AVG $380K
$590K
Taxes
AVG $5,333
$4,191
Visits
AVG 53
26
Year Built
AVG 1927
1920
Walkscore
AVG 87
95
Data Provided by Walkscore ® not using MLS data

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