1801 S 16th St
Newbold, Philadelphia, PA 19145
$650,000
Description
1801 S 16th St,
Philadelphia,
PA
19145
FULLY RENTED! 5-UNIT BUILDING!Aprime investment opportunity nestled in the Newbold neighborhood of South Philly. This expansive 5-unit building presents a blend of commercial and residential spaces, ideal for savvy investors seeking to capitalize on the area's growth.Zoned CMX2, this property hasa commercial ground floor with a finished basement. Above, four meticulously maintained residential units offer comfortable living with each unit featuring one bedroom and one bath, all separately metered for utilities. Each unit has separatemeters. All units are currently rented with month to month leases in place,there's significant potential to optimize rental income by bringing rents up to market rates.Expand your rental property portfolio! Reach out to secure the rent roll and schedule a tour of your next investment venture.
Listing By: KW Empower via Data Source: Bright MLS
2844627-PAPH2376702
MLS ID
Price HistoryView all +
| date | price | variance | type |
|---|
| 8/17/2024 | $650,000 | 3.70 % | decreased |
| 7/19/2024 | $675,000 | - | Listed |
| 4/15/2024 | $700,000 | - | off market |
| 1/22/2024 | $700,000 | - | Listed |
| 7/31/2023 | $750,000 | - | off market |
| 6/6/2023 | $750,000 | - | Listed |
listing agent: Monique Perri
