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730 N 16th St

Philadelphia PA 19130

9
3887 sq. ft.
1272 sq. ft.
Duplex
Currently for sale - view listing

Overview

Here presented to you is every investors dream property in the highly desirable zip code of 19130! This fully rented, cash-flowing 3-unit multifamily generates $7,350/month and is ideally situated on a corner lot at N 16th St and Brown St, just off Fairmount Ave in a high-demand rental market. Zoned RM1, the building spans 4 stories, featuring three well-designed residential units—each offering 3 bedrooms and 3 full bathrooms, with the top-floor unit boasting a rooftop deck for added luxury and rent appeal. To top it all off, the property still has 8 years left on the tax abatement. All three units are fully occupied, with tenants paying gas and electric while the owner only covers water, ensuring low operating costs and higher ROI. Location is everything—and this one delivers! With a Walk Score of 91, daily errands require no car. Add in a Transit Score of 83 and a Bike Score of 85, and it’s easy to see why this is such a desirable spot for young professionals, students, and long-term tenants alike. Just minutes from Temple University and public transit, this property is the definition of turnkey—with proven income, great condition, and long-term upside. Whether you're expanding your rental portfolio or looking for a smart, income-producing asset in a growing neighborhood, this property checks every box! 📍Schedule your showing today!

Features

9 bedrooms
3887 sq. ft. floor area
1272 sq. ft. lot size
Duplex

Property history for 730 N 16th St

2019
Sold
$355,000
18 Jan 2019 by Rebecca Shandler, of Kurfiss Sotheby's International Realty

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Local market activity for 9 bedroom duplexes in Philadelphia

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