$ 829,000
-
$829,000
Price -
0
Bed -
0
Bath -
2,976
SqFt
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About the Listing COMPASS1 - 3142005
Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1 bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax Abatement runs through 2030
Listing Highlights
Status
Active
Days on Site
9
Property Type
Commercial Sale
MLS ®
PAPH2668678
Year Built
1915
Total Square Footage
2,976
Lot/Acreage
0.02
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air,Heat Pump(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Public,Unassigned,On Street
Financial Details
- Tax Amount: $4,762
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1648 S 16th St Philadelphia, PA 19145
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