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1511 N 16th St
For Sale $649,999 ($138.36 per Sq Ft)
$649,999 ($138.36 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 4,698 Sq Ft
- 4,148 Sq Ft
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 (basement) and requires full renovation to turn into another unit.
The 2nd floor unit is currently rented out for $2,150.
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $649,999 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 4,698 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 471216100 |
| MLS # | PAPH2336776 |
| Property ID | 293854928 |
| Lot Sqft | 4,148 |
| Zoning | RM1 |
| Total Units | 4 |
| Days on Market | 282 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Dishwasher,Dryer,Stove,Washer,Refrigerator% |
| Date Updated | November 25, 2024 |
| Date Created | March 27, 2024 |
Listing Provided By
Van M Ha an agent of . Lic #RS320713
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Data last updated: January 03, 2025.
Robert Crawford
REAL ESTATE AGENT