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Chris Fuhrman

chris@meetchris.com +1(215) 608-5500

Listed by John Brown • Compass Pennsylvania, LLC

$ 829,000

Est. payment | -/mo

2,896 SqFt

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$ 829,000

Est. payment | -/mo

Save Virtual Tour

2,896 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,896 sqft

Price per Sqft $286

MLS Listing ID PAPH2671842

Style Contemporary

Abv Grd Liv Area 2,896

Year Built 1915

Annual Tax Amount $4,762

Tax Year 2026

Lot Size 992 Sqft

Acres 0.02

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1-bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax abatement runs through 2030!

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX1

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

Accessibility None

Road Frontage City/County

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2896

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871550700

Ownership Fee Simple

SqFt Source 2896

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1225298108?share=copy&fl=sv&fe=ci

Nearby Locations

Your local Center City Philadelphia real estate agent.

+1(215) 608-5500

chris@meetchris.com

1648 S 16TH ST Philadelphia, PA 19145