1242-44 N 16TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
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
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