$829,000
( $278.56Per Sq Foot )
 $4,450 est/mo Sourced by Back At You

1648 S 16th St,PHILADELPHIA, PA 19145

PHILADELPHIA, PA 19145

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Description

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

Details

MLS #PAPH2668678
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1915
Days On Site50
Listing Provided ByCompass Pennsylvania, LLC | John J Brown

Features

BasementY
Story(s)3
Units3
ZoningCMX1
Acreage0.02

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air, Heat Pump(s)

Exterior

Construction MaterialsMasonry

Parking

Garage Yes / NoNo
Parking FeaturesPublic, Unassigned

Taxes

Tax Annual Amount4762

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19145)
Price:
$829,000
low | high
Med:
$239,450
100% of Average
On site:
50
low | high
Med:
363.5
13.755158184319% of Average
Sourced by Back At You

Market Activity 19145

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Additional Information

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Contact

Learn More About This Property

Heather Walton

Heather Walton

Class Harlan Real Estate

RS250332 (215) 272-2632heatherwaltonrealtor@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19145)
Price:
$829,000
low | high
Med:
$239,450
100% of Average
On site:
50
low | high
Med:
363.5
13.755158184319% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $621K - $1.036M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1648 S 16TH ST Property Photo 1
$829,000
1648 S 16th St
Philadelphia, PA 19145
Listing Updated: October 29, 2026 at 7:03:21 PM PDT