802 N 16TH Street
Property Description
Grossing $76,500 a year!! This is the investment opportunity you've been looking for in BOOMING Fairmount! Beautifully appointed three-unit property in the heart of Fairmount, one of Philadelphia's most sought-after neighborhoods. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this triplex delivers on every front. Unit 1 (1st Floor/Basement): A spacious bi-level layout featuring 3 bedrooms and 2 full bathrooms, with private access to a backyard - a rare and highly desirable amenity in the city. Perfect for tenants seeking outdoor space without sacrificing urban convenience. Unit 2 ( 2nd Floor): A bright and well designed 2 bedroom 1 bathroom straight-through apartment. Unit 3 (3rd Floor): Standout 2 bedroom 1 bathroom unit boasting breathtaking 260 degree views of the Philadelphia skyline! Each unit has been finished to the same high standard throughout. Hardwood floors, granite countertops and stainless steel appliances in all 3 units. Each apartment also has their own washer and dryer and laundry space. Lastly there's central air, sprinkler system and a 10 yr roof warranty that expires in 2034. Situated in vibrant Fairmount, residents enjoy walkable access to the Philadelphia Museum of Art, Fairmount Park, Whole foods, top rated restaurants, and easy commuter access to Center City. With three separately metered units, modern finishes, and unbeatable location, this property is ready to generate income from day 1!
Broker Details
Realty Mark (215) 376-4444
MLS ID: 3195519 State License Number: RS314858
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $782,900 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 2,637.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $260,967 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2624358
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
381 S Main St.
Greenville Boro, Pennsylvania
105 S Walnut St
Blairsville Area, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout