CHARIS REALTY GROUP

Other

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: 7 days ago
On site: 2 months ago
Browse Properties
FRANCISVILLE - Residential Income

Property

Beds

9

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 $7,350/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

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

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Agent AprilWest

AGENT

AprilWest

Call April today to schedule a private showing.

(301) 442-0106

realtoraprilmd@gmail.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 $7,350/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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