For Sale Triplex MLS# PAPH2688946

651 N 16TH ST

PHILADELPHIA, PA 19130

$1,199,000

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About 651 N 16TH ST

FAIRMOUNT | ART MUSEUM AREA: A distinctive three-unit investment property in one of Philadelphia's most desirable neighborhoods. Built in 1925, 651 N. 16th Street combines architectural character with updated interiors and established rental income. Three occupied residences feature high ceilings, large windows, modern kitchens and baths, and quality finishes. Additional features include a private rear yard, two Juliet balconies, a rooftop deck with pilot house access, and garage parking. Convenient to Fairmount's restaurants, cafés, neighborhood shops, museums and cultural attractions. Currently generating $8,200 per month in rental income, with all three apartments leased through summer 2027. An opportunity to acquire an income-producing property with distinctive features and a strong neighborhood location. Approved for tax abatement. All income and expenses need to be verified by buyer.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1925
Living area
3,279 sqft
Price / sqft
$366
Lot
0.05
Furnished
Partially
Original price
$1,199,000
MLS #
PAPH2688946

Interior

Features
Electric, Full
Appliances
Built-In Microwave, Washer/Dryer Stacked, Refrigerator, Stainless Steel Appliances, Dishwasher, Oven - Self Cleaning
Flooring
Hardwood, Engineered wood, Tile brick
Heating
Heat Pump - Electric BackUp
Cooling
Central A/C, Heat Pump(s)
Laundry
Washer In Unit, Dryer In Unit
Windows
Double pane windows, Energy efficient, Insulated

Exterior & lot

Features
Straight Thru, Unit/Flat, Exterior Lighting, Outbuilding(s), Roof Deck, Sidewalks, Street Lights, Above Grade, Below Grade
Construction
Masonry, Brick, Frame
Roof
Fiberglass
Foundation
Brick/Mortar, Stone
Lot
RM1
Patio & porch
Balconies- Multiple, Deck, Roof

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer
Security
Fire detection system, Main entrance lock, Monitored, Smoke detector, Carbon monoxide detectors

Financial

Annual tax
$4,732
Tax year
2026
Parcel
084116700

Location

Subdivision
FAIRMOUNT
Area
19130 (19130)
County
PHILADELPHIA-PA
Neighborhood
Spring Garden
Community
THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
GPS

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Listed by Nathan S Naness, KW Empower

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.