PA > Philadelphia
Philadelphia, PA 19121,1242-44 N 16TH ST
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Philadelphia, PA 19121,1242-44 N 16TH ST
Philadelphia, PA 19121,1242-44 N 16TH ST
Philadelphia, PA 19121,1242-44 N 16TH ST
Philadelphia, PA 19121,1242-44 N 16TH ST
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Mike Terranova

Mike Terranova

+1(302) 299-6621
$ 815,000
Est. payment /mo
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1242-44 N 16TH ST Philadelphia, PA 19121

4,256 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,256 sqft

Price per Sqft $191

MLS Listing ID PAPH2434356

Style Other

Abv Grd Liv Area 4,256

Originating Board BRIGHT

Year Built 2011

Available Date 2025-02-06

Annual Tax Amount $10,915

Tax Year 2025

Lot Size 1,900 Sqft

Acres 0.04

Lot Dimensions 50.00 x 38.00

Property Sub-Type Interior Row/Townhouse

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—don't miss it!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RES

Interior

Interior Features Wood Floors, Kitchen - Island

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Hardwood, Tile/Brick

Inclusions Each unit has W/D. Units 2 & 3 total furniture includes: 2 couch's, 8 barstools, 2 end tables, 2 coffee tables 8 twin beds, 8 mattresses, 8 desks, 8 nightstands, 8 chairs, & 8 dressers.

Equipment Stainless Steel Appliances, Washer, Dryer

Fireplace N

Appliance Stainless Steel Appliances, Washer, Dryer

Heat Source Electric

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471223500

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Lynn Lynch-Magaro • Redfin Corporation
agent

Mike Terranova

Agent | RS-DE: RS0024366 | PA: RS338692

+1(302) 299-6621

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1242-44 N 16TH ST