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Map
$749,999
↓ $49K (6.1%)
●
Townhouse -
For Sale
1511 N 16TH ST
PHILADELPHIA, PA 19121
Studio
0 Bath
$3,683
Estimated Monthly
$0
HOA / Fees
About This Property
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!
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!
Unit Size
-
Days on Market
31 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1915
Listed By
Last updated: 2 days ago (Bright MLS #PAPH2336776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2024 | Price Decreased |
$749,999
↓ $49K
(6.1%)
|
|
| Price Decreased | |||
| Apr 15, 2024 | Price Decreased |
$799,000
↓ $76K
(8.7%)
|
|
| Price Decreased | |||
| Mar 28, 2024 | Listed by Mercury Real Estate Group | $875,000 | |
| Listed by Mercury Real Estate Group | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Appliances: Built-In Microwave, Dishwasher, Dryer, Stove, Washer, Refrigerator
Living Area Square Feet Source: Assessor
Fireplace Information
Has Fireplace
Fireplaces: 1
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Interior Row/Townhouse
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 24.00 x 173.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $575,707
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $3,636
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $575,707
Tax Year: 2022
Tax Annual Amount: $8,058
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Hot Water
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
1511 N 16TH ST
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
3
Beds
3
Baths
2,583 ft²
$319/ft²
$825,000
Dec 10, 2018
$825,000
Mar 15, 2019
-
Townhouse
3
Beds
3
Baths
1,819 ft²
$423/ft²
$770,000
Dec 8, 2023
$770,000
Feb 20, 2024
-
Townhouse
3
Beds
5
Baths
3,600 ft²
$239/ft²
$860,000
Jul 8, 2020
$860,000
Aug 31, 2020
$100/mo
Townhouse
3
Beds
5
Baths
3,600 ft²
$236/ft²
$850,000
Aug 18, 2020
$850,000
Oct 28, 2020
$100/mo
Townhouse
3
Beds
5
Baths
3,400 ft²
$279/ft²
$950,000
Jun 2, 2015
$950,000
Jun 23, 2015
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/26/2021
|
|
Studio
|
-
|
4698 ft²
|
$1,250,000
Studio
-
4698 ft²
|
-
-
|
-
|
Steve Stafford
Keller Williams Philly
|
|
03/11/2020
|
|
Studio
|
-
|
4698 ft²
|
$1,100,000
Studio
-
4698 ft²
|
-
-
|
-
|
-
|
Building Info
1511 North 16th Street
1511 North 16th Street, Philadelphia, PA 19121
- 1 Unit for Sale
About North Philadelphia
Similar Homes for Sale
Nearby Rentals
$1,500 /mo
- 4 Beds
- 2 Baths
- 2,160 ft²
$1,500 /mo
- 2 Beds
- 1.5 Baths
Listed by: Van Ha
Mercury Real Estate Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# PAPH2336776
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Mercury Real Estate Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# PAPH2336776
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
