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730 N 16TH STREET

PHILADELPHIA , PA 19130

MLS#: PAPH2496352

$1,350,000

Status: Active

Listing number: PAPH2496352

Listing provided by: RE/MAX @ HOME

Listing agent phone: None

Last update: 8 days ago

On site: 8 days ago

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Property

Beds

Full Baths

None

1/2 Baths

None

Year Built

2020

Sq.Footage

3,887

Here presented to you is every investors dream property in the highly desirable zip code of 19130! This fully rented, cash-flowing 3-unit multifamily generates $7,450/month and is ideally situated on a corner lot at N 16th St and Brown St, just off Fairmount Ave in a high-demand rental market. Zoned RM1, the building spans 4 stories, featuring three well-designed residential units—each offering 3 bedrooms and 3 full bathrooms, with the top-floor unit boasting a rooftop deck for added luxury and rent appeal. To top it all off, the property still has 8 years left on the tax abatement. All three units are fully occupied, with tenants paying gas and electric while the owner only covers water, ensuring low operating costs and higher ROI. Location is everything—and this one delivers! With a Walk Score of 91, daily errands require no car. Add in a Transit Score of 83 and a Bike Score of 85, and it’s easy to see why this is such a desirable spot for young professionals, students, and long-term tenants alike. Just minutes from Temple University and public transit, this property is the definition of turnkey—with proven income, great condition, and long-term upside. Whether you're expanding your rental portfolio or looking for a smart, income-producing asset in a growing neighborhood, this property checks every box! 📍Schedule your showing today!

Features & Amenities

Interior

Other Interior Features

Kitchen Island, Recessed Lighting
Total Bedrooms

9
Bathrooms

N/A
Above Grade Finished Area

3887.0
Basement YN

YES
Cooling YN

YES
Cooling

Central Air, Gas
Fireplace YN

NO
Heating YN

YES
Heating

Natural Gas, Central
Pet friendly

N/A

Exterior

Garage

No
Construction Materials

Other
Parking

On Street
Pool

Yes
Pool Features

None
Waterfront YN

NO
View

Street

Area & Lot

Lot Features

Back Yard
Lot Size(acres)

0.03
Property Type

Residential Income
Property Sub Type

Triplex
Architectural Style

Other

Price

Sales Price

$1,350,000
Tax Amount

3079.0
Sq. Footage

3, 887
Price/SqFt

$347

HOA

Association

No

School District

Elementary School

N/A
Middle School

N/A
High School

N/A

Property Features

Foundation Details

Other
Sewer

Public Sewer
Tax Lot

34
Water Source

Public

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PHILADELPHIA

Elementary School

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Listing Courtesy of Maria Maria Quattrone Quattrone , RE/MAX @ HOME

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com

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Here presented to you is every investors dream property in the highly desirable zip code of 19130! This fully rented, cash-flowing 3-unit multifamily generates $7,450/month and is ideally situated on a corner lot at N 16th St and Brown St, just off Fairmount Ave in a high-demand rental market. Zoned RM1, the building spans 4 stories, featuring three well-designed residential units—each offering 3 bedrooms and 3 full bathrooms, with the top-floor unit boasting a rooftop deck for added luxury and rent appeal. To top it all off, the property still has 8 years left on the tax abatement.

All three units are fully occupied, with tenants paying gas and electric while the owner only covers water, ensuring low operating costs and higher ROI.

Location is everything—and this one delivers! With a Walk Score of 91, daily errands require no car. Add in a Transit Score of 83 and a Bike Score of 85, and it’s easy to see why this is such a desirable spot for young professionals, students, and long-term tenants alike. Just minutes from Temple University and public transit, this property is the definition of turnkey—with proven income, great condition, and long-term upside.

Whether you're expanding your rental portfolio or looking for a smart, income-producing asset in a growing neighborhood, this property checks every box!

📍Schedule your showing today!

730 N 16TH STREET

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Listing Courtesy of Maria Maria Quattrone Quattrone , RE/MAX @ HOME

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