$699,999 $3,758 est/mo Sourced by Back At You

1511 N 16th St,Philadelphia, PA 19121

Philadelphia PA, 19121

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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!

Details

MLS#PAPH2336776
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1915
Days On Site116
Listing Provided ByMercury Real Estate Group | Van M Ha
Buying Commision2.5% Of Gross

Features

SQ Feet4,698
ZoningRM1
Acreage0.10

Market Activity 19121

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19121
Area19121
School DistrictPhiladelphia City
Listing VS Median (in 19121)
Price:
$699,999
low | high
Med:
$2,800
100% of Average
SqFt:
4,698
low | high
Med:
2,130
100% of Average
$ / SqFt:
$149
low | high
Med:
$1
100% of Average
On Site:
116
low | high
Med:
144.000000
80.555555555556% of Average
Sourced by Back At You
Listing Updated: June 18, 2024 at 12:05:42 PM PDT