Investments Sales Management

729 S 16TH STREET

PHILADELPHIA, PA 19146

MLS#: PAPH2651564

$850,000

Status: Active
Listing number: PAPH2651564
Listing provided by: Best City Homes Inc
Listing agent phone: None
Last update: 26 days ago
On site: 27 days ago
Browse Properties
GRADUATE HOSPITAL - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

2,460

Location, location, location recently updated turnkey ready 5 unit apartment building located in the heart of the Graduate Hospital Area. These types of buildings are rarely offered and highly sought after when they do go on the market. Many upgraded modern features including trendy exposed brick walls, solid maple kitchen cabinets, granite counter top, garbage disposals, ceramic tile kitchens and baths, coin operated laundry in the basement for additional income. This property is easy to manage and the apartments when they do become vacant literally rent themselves the building has a historically high occupancy rate due to its highly desirable location. Your tenants could walk to Rittenhouse Square, Filter Square, Center City and visit all the wonderful trendy restaurant and bars downtown Philadelphia has to offer. Can be purchased by itself or purchased together with the building next door at 731 S 16th for a total of 11 units

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Multi Units, Window Unit(s), Wall Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Street

Area & Lot

  • Lot Features

    Back Yard

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,280

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $850,000

  • Tax Amount

    $7,338

  • Financing Options

    Cash, Conventional

  • Zoning

    Fully licensed five unit apartment building

  • Sq. Footage

    2,460

  • Price/SqFt

    $345

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    200

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Richard B Moore , Best City Homes Inc

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Location, location, location recently updated turnkey ready 5 unit apartment building located in the heart of the Graduate Hospital Area. These types of buildings are rarely offered and highly sought after when they do go on the market. Many upgraded modern features including trendy exposed brick walls, solid maple kitchen cabinets, granite counter top, garbage disposals, ceramic tile kitchens and baths, coin operated laundry in the basement for additional income. This property is easy to manage and the apartments when they do become vacant literally rent themselves the building has a historically high occupancy rate due to its highly desirable location. Your tenants could walk to Rittenhouse Square, Filter Square, Center City and visit all the wonderful trendy restaurant and bars downtown Philadelphia has to offer. Can be purchased by itself or purchased together with the building next door at 731 S 16th for a total of 11 units

729 S 16TH STREET

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