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1242-44 N 16TH Street

PHILADELPHIA, PA 19121
  • $815,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: PAPH2434356
$815,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,256
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2011
County:

School Ratings & Info

Description

Rare Investment Opportunity in Francisville/Sharswood!! Discover one of the largest triplexes in the Francisville/Sharswood area, offering over 4,100 square feet of space and a coveted private 3-car parking setup. This 10-bedroom, 6-bathroom property is a standout with steady cash flow, excellent tax shelter benefits, and significant appreciation potential. Conveniently located near Temple and Girard Colleges, the property is fully rented, generating $57,000 annually, with the potential for even greater income when Units 2 and 3 become available for new leases in July. Each unit is designed for tenant convenience: Unit 1 features 2 beds/2 baths, while Units 2 and 3 each offer 4 beds/2 baths. The building features hardwood and tile throughout, stainless steel appliances, cherry oak cabinets, granite counters and 10-foot kitchen islands in Units 2 & 3. Built in 2011, the property has been impeccably maintained by the current owner, with tenants responsible for all utilities, including water fees. This is a rare chance to own a high-income-producing property in a prime location"dont miss it!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
www.ericaskewhomes.com/homes/159433718
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1242-44 N 16TH Street PHILADELPHIA, PA 19121

  • Price: $815,000
  • Status: Active
  • On Site: 34 Days
  • ID#: PAPH2434356
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,256
SQFT
$191
$/SQFT
2011
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
Rare Investment Opportunity in Francisville/Sharswood!! Discover one of the largest triplexes in the Francisville/Sharswood area, offering over 4,100 square feet of space and a coveted private 3-car parking setup. This 10-bedroom, 6-bathroom property is a standout with steady cash flow, excellent tax shelter benefits, and significant appreciation potential. Conveniently located near Temple and Girard Colleges, the property is fully rented, generating $57,000 annually, with the potential for even greater income when Units 2 and 3 become available for new leases in July. Each unit is designed for tenant convenience: Unit 1 features 2 beds/2 baths, while Units 2 and 3 each offer 4 beds/2 baths. The building features hardwood and tile throughout, stainless steel appliances, cherry oak cabinets, granite counters and 10-foot kitchen islands in Units 2 & 3. Built in 2011, the property has been impeccably maintained by the current owner, with tenants responsible for all utilities, including water fees. This is a rare chance to own a high-income-producing property in a prime location"dont miss it!
Exterior Features

Architectural Style Other Construction Materials MasonryBrick Garage YN No Parking Types Off Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4256 Appliances Stainless Steel AppliancesWasherDryer Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring HardwoodTile/Brick Heating Central Heating YN Yes Inclusions Each unit has W/D. Units 2 & 3 total furniture includes: 2 couch's8 barstools2 end tables2 coffee tables 8 twin beds8 mattresses8 desks8 nightstands8 chairs& 8 dressers. Interior Features Wood FloorsKitchen - Island Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished Some

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street W Cabot St Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 803561215318 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 10915.00 Tax Lot 143 Vacation Rental YN No Water Source Public Zoning RES

Listing courtesy of Redfin Corporation: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
 
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Eric Askew | RE/MAX Experience
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Pasadena MD, 21122