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651 N 16th Street
Philadelphia, PA 19130

$1,199,000 - Status: ACTIVE
SQFT: 3,279
MLS# PAPH2688946

FAIRMOUNT | ART MUSEUM AREA: A distinctive three-unit investment property in one of Philadelphia's most desirable neighborhoods. Built in 1925, 651 N. 16th Street combines architectural character with updated interiors and established rental income. Three occupied residences feature high ceilings, large windows, modern kitchens and baths, and quality finishes. Additional features include a private rear yard, two Juliet balconies, a rooftop deck with pilot house access, and garage parking. Convenient to Fairmount's restaurants, cafés, neighborhood shops, museums and cultural attractions. Currently generating $8,200 per month in rental income, with all three apartments leased through summer 2027. An opportunity to acquire an income-producing property with distinctive features and a strong neighborhood location. Approved for tax abatement. All income and expenses need to be verified by buyer.

Property Features

MLS#: PAPH2688946
Zip: 19130
Subdivision: Fairmount
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Yes
Basement: Full
Cooling: Central A/C, Heat Pump(s)
Days on Site: 3
Fuel Type: Electric
Heating: Heat Pump - Electric BackUp
Home Style: Straight Thru, Unit/Flat
Lot Size: 0.05 acres
Roof Type: Fiberglass
Taxes: $4,732
Year Built: 1925

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Washer/Dryer Stacked, Refrigerator, Stainless Steel Appliances, Dishwasher, Oven - Self Cleaning
Exterior: Masonry, Brick, Frame
Exterior: Exterior Lighting, Outbuilding(s), Roof Deck, Sidewalks, Street Lights
Flooring: Hardwood, Engineered Wood, Tile/Brick
Location Description: Urban
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Number of Rooms: 6
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 3
Units: 3
Water: Public
Windows: Double Pane, Energy Efficient, Insulated

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

651 N 16th Street | MLS# PAPH2688946

This multi-family property located at 651 N 16th Street , Philadelphia, PA 19130 is currently listed for sale with an asking price of $1,199,000. N 16th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on mmooney.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: KW Empower
Agency Phone: 2156273500

Shown By

Agent Name: Mary Mooney
Agent Phone: (570) 479-0302
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Mary Mooney (570) 479-0302 marymooney6@outlook.com

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Estimated Payment

$ 7,571.79 per month $6,827.74 Principal & Interest $394.33 Property Tax $349.71 Homeowner's Insurance

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