PA > Philadelphia
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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Karen Wilkinson

Karen Wilkinson

+1(732) 599-1938
$815,000
Est. payment /mo
4,256 SqFt
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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

Read Less Info
Bright MLS (BMLS)
Listed by Lynn Lynch-Magaro • Redfin Corporation

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agent

Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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