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.
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agent Name: Mary Mooney
Agent Phone: (570) 479-0302
Agency Title: Lewith & Freeman
Lewith & Freeman Mary Mooney (570) 479-0302 marymooney6@outlook.com
Estimated Payment
$ 7,571.79 per month $6,827.74 Principal & Interest $394.33 Property Tax $349.71 Homeowner's InsuranceSend an email with a link to
651 N 16th Street , Philadelphia, PA 19130.
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651 N 16th Street , Philadelphia, PA 19130.
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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.