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1801 S 16th St

Philadelphia PA 19145

1
1
2210 sq. ft.
1037 sq. ft.
Townhouse
Currently for sale - view listing

Overview

FULLY RENTED! 5-UNIT BUILDING!?A?prime investment opportunity nestled in the Newbold neighborhood of South Philly. This expansive 5-unit building presents a blend of commercial and residential spaces, ideal for savvy investors seeking to capitalize on the area's growth. Zoned CMX2, this property has?a commercial ground floor , turned residential with a finished basement. Above, four meticulously maintained residential units offer comfortable living with each unit featuring one bedroom and one bath, all separately metered for utilities. Each unit has separate?meters. All units are currently rented with month to month leases in place,?there's significant potential to optimize rental income by bringing rents up to market rates. Expand your rental property portfolio! Reach out to secure the rent roll and schedule a tour of your next investment venture.

Features

1 bedroom
1 bathroom
2210 sq. ft. floor area
1037 sq. ft. lot size
Townhouse

Happy sellers in Philadelphia

<50%
Less than 50% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for 1 bedroom townhouses in Philadelphia

In the last 12 months, 1 one-bedroom townhouse similar to 1801 S 16th St, have been sold.

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