Philadelphia, PA 19130,802 N 16TH ST
Philadelphia, PA 19130,802 N 16TH ST
Philadelphia, PA 19130,802 N 16TH ST
$730,000
Est. payment /mo
$784,900
7.0%
Est.Price: ?

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3,747 SqFt
SOLD DATE : 05/20/2016

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,747 sqft

Price per Sqft $194

Subdivision Francisville

MLS Listing ID 1002496952

Sold Date 05/20/16

Style Other

HOA Y/N N

Abv Grd Liv Area 3,747

Originating Board TREND

Year Built 1920

Annual Tax Amount $2,548

Tax Year 2016

Lot Size 1,499 Sqft

Acres 0.03

Lot Dimensions 19X81

Property Description

Investor Alert: Prime income-producing location in hot Francisville/Art Museum area. Completely renovated three-unit apartment building (7 beds total) cash flowing $5,545 per month. Yes, $66,540/year AND low expenses at less than $500 per month! FULL TEN YEARS REMAINING ON TAX ABATEMENT. Separate utilities (including water), fire safety monitored system and new French drain system with sump pumps in basement. Every detail the current market demands including: Hardwood floors, custom closets, tiled baths, roof deck with unparalleled skyline view, backyard, Juliet balcony, quartz counters, stainless appliances, new windows/insulation/drywall/electric/HVAC/plumbing, etc. Separate central air/heat and washer/dryer in each unit. New front brick exterior and new rear stucco. Property's location and interior design created an environment today's tenants desire, allowing owner to secure high-quality tenants. Minutes from Art Museum, Center City, Temple University and much more. #2 bus runs up/down 16th/17th Streets. Broad Street Subway only two blocks away. Seller has the possibility to provide the new owner with one vacant apartment for the buyer to live in if it is desired by the buyer.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Basement Full, Drainage System

Interior

Interior Features Ceiling Fan(s), Sprinkler System

Hot Water Electric

Heating Gas, Zoned

Cooling Central A/C

Fireplace N

Window Features Energy Efficient

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Utilities Available Cable TV Available

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 151023610

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Edward A Welch III • Higgins & Welch Real Estate, Inc.
Bought with Seth C Brodsky • Realty Mark Associates

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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