729 S 16th St, Philadelphia, PA 19146

$850,000

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List Price
$850,000
Days on Market
10
MLS#
PAPH2651564
Status
ACTIVE
Type
Commercial
Year Built
1900
County
Philadelphia
Region
19146 (19146)
Neighborhood
Graduate Hospital
Subdivision
Graduate Hospital

Property Description

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

Additional Information

Acres
0.03
Lot Size
1,306
Lot Description
Rear Yard
Roof
Asphalt
Cooling
Multi Units, Window Unit(s), Wall Unit, Central A/C
Heating
Baseboard - Electric, Forced Air
Taxes
$7,338

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Best City Homes Inc. Contact: 2155451144