651 N 16TH ST, Philadelphia, PA 19130
651 N 16TH ST, Philadelphia, PA 19130
651 N 16TH ST, Philadelphia, PA 19130
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Matthew Kimmey

Matthew Kimmey

+1(443) 966-4683
Listed by Nathan S Naness • KW Empower
$1,199,000
Est. payment /mo
3,279 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 3,279 sqft

Price per Sqft $365

Subdivision Fairmount

MLS Listing ID PAPH2688946

Style Straight Thru,Unit/Flat

Abv Grd Liv Area 3,279

Year Built 1925

Annual Tax Amount $4,732

Tax Year 2026

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20.00 x 100.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

FAIRMOUNT | ART MUSEUM AREA: A distinctive three-unit investment property in one of Philadelphia's most desirable neighborhoods. Built in 1925, 651 N. 16th Street combines architectural character with updated interiors and established rental income. Three occupied residences feature high ceilings, large windows, modern kitchens and baths, and quality finishes. Additional features include a private rear yard, two Juliet balconies, a rooftop deck with pilot house access, and garage parking. Convenient to Fairmount's restaurants, cafés, neighborhood shops, museums and cultural attractions. Currently generating $8,200 per month in rental income, with all three apartments leased through summer 2027. An opportunity to acquire an income-producing property with distinctive features and a strong neighborhood location. Approved for tax abatement. All income and expenses need to be verified by buyer.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C, Heat Pump(s)

Flooring Hardwood, Engineered Wood, Tile/Brick

Equipment Built-In Microwave, Washer/Dryer Stacked, Refrigerator, Stainless Steel Appliances, Dishwasher, Oven - Self Cleaning

Furnishings Partially

Fireplace N

Window Features Double Pane,Energy Efficient,Insulated

Appliance Built-In Microwave, Washer/Dryer Stacked, Refrigerator, Stainless Steel Appliances, Dishwasher, Oven - Self Cleaning

Heat Source Electric

Laundry Washer In Unit, Dryer In Unit

Exterior

Exterior Feature Balconies- Multiple, Roof, Deck(s)

Water Access N

Roof Type Fiberglass

Street Surface Paved

Accessibility None

Porch Balconies- Multiple, Roof, Deck(s)

Road Frontage City/County

Garage N

Private Pool No

Building

Unit Features Garden 1 - 4 Floors

Foundation Brick/Mortar, Stone

Above Ground Finished SqFt 3279

Sewer Public Sewer

Water Public

Architectural Style Straight Thru, Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 084116700

Ownership Fee Simple

SqFt Source 3279

Security Features Fire Detection System,Main Entrance Lock,Monitored,Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional, Private, VA, FHA

Listing Terms Cash, Conventional, Private, VA, FHA

Financing Cash,Conventional,Private,VA,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)

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Matthew Kimmey

Matthew Kimmey

+1(443) 966-4683

Broker License ID: 666615

Broker License ID: 666615

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651 N 16TH ST