729 S 16Th Street Philadelphia, PA $ 850,000
729 S 16Th Street
$ 850,000
Recently Listed
Share Save

729 S 16Th Street

Philadelphia, PA, 19146
$ 850,000
Bedrooms-- Baths-- Sq 2,460

Monthly Estimate*

$ 5,367

729 S 16Th Street, Philadelphia, PA 19146 - Image 1
729 S 16Th Street, Philadelphia, PA 19146 - Image 2
729 S 16Th Street, Philadelphia, PA 19146 - Image 3
729 S 16Th Street, Philadelphia, PA 19146 - Image 4
729 S 16Th Street, Philadelphia, PA 19146 - Image 5
729 S 16Th Street, Philadelphia, PA 19146 - Image 6
729 S 16Th Street, Philadelphia, PA 19146 - Image 7
729 S 16Th Street, Philadelphia, PA 19146 - Image 8
729 S 16Th Street, Philadelphia, PA 19146 - Image 9
729 S 16Th Street, Philadelphia, PA 19146 - Image 10
729 S 16Th Street, Philadelphia, PA 19146 - Image 11
729 S 16Th Street, Philadelphia, PA 19146 - Image 12
729 S 16Th Street, Philadelphia, PA 19146 - Image 13
729 S 16Th Street, Philadelphia, PA 19146 - Image 14
729 S 16Th Street, Philadelphia, PA 19146 - Image 15
729 S 16Th Street, Philadelphia, PA 19146 - Image 16
729 S 16Th Street, Philadelphia, PA 19146 - Image 17
729 S 16Th Street, Philadelphia, PA 19146 - Image 18
729 S 16Th Street, Philadelphia, PA 19146 - Image 19
729 S 16Th Street, Philadelphia, PA 19146 - Image 20
729 S 16Th Street, Philadelphia, PA 19146 - Image 21
729 S 16Th Street, Philadelphia, PA 19146 - Image 22
729 S 16Th Street, Philadelphia, PA 19146 - Image 23
729 S 16Th Street, Philadelphia, PA 19146 - Image 24
729 S 16Th Street, Philadelphia, PA 19146 - Image 25
729 S 16Th Street, Philadelphia, PA 19146 - Image 26
729 S 16Th Street, Philadelphia, PA 19146 - Image 27
729 S 16Th Street, Philadelphia, PA 19146 - Image 28
729 S 16Th Street, Philadelphia, PA 19146 - Image 29
729 S 16Th Street, Philadelphia, PA 19146 - Image 30
729 S 16Th Street, Philadelphia, PA 19146 - Image 31
729 S 16Th Street, Philadelphia, PA 19146 - Image 32
729 S 16Th Street, Philadelphia, PA 19146 - Image 33
729 S 16Th Street, Philadelphia, PA 19146 - Image 34
729 S 16Th Street, Philadelphia, PA 19146 - Image 35
729 S 16Th Street, Philadelphia, PA 19146 - Image 36
729 S 16Th Street, Philadelphia, PA 19146 - Image 37
729 S 16Th Street, Philadelphia, PA 19146 - Image 38

Commercial Property for sale in Philadelphia, PA

for $850,000. This 2,460 square foot building was built in 1900 on a lot size of 0.03.

Location, location, location recently updated turnkey ready 5 unit apartment building located in the heart of the Graduate Hospital Area. These types of buildings are rarely offered and highly sought after when they do go on the market. Many upgraded modern features including trendy exposed brick walls, solid maple kitchen cabinets, granite counter top, garbage disposals, ceramic tile kitchens and baths, coin operated laundry in the basement for additional income. This property is easy to manage and the apartments when they do become vacant literally rent themselves the building has a historically high occupancy rate due to its highly desirable location. Your tenants could walk to Rittenhouse Square, Filter Square, Center City and visit all the wonderful trendy restaurant and bars downtown Philadelphia has to offer. Can be purchased by itself or purchased together with the building next door at 731 S 16th for a total of 11 units

See more

Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 7,338

Style

Apartment Building

Lot Size

0.03

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2651564

Features
Interior
Heating Fuel Natural Gas Electric
Flooring Laminated Vinyl Ceramic Tile
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
See more
General
Sewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Multi Units Window Unit(s) Wall Unit Central A/C
Utilities Water Available Sewer Available Phone Available Natural Gas Available Electric Available Cable TV Available
Possession 0-30 Days CD
Roof Asphalt
Zoning RM1
Security Features Fire Detection System Main Entrance Lock
Construction Materials Masonry
Exclusions Coin operated washers and dryers
Year Built 1900
Electric 200+ Amp Service
View Street
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 73800.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 57116.90
Operating Expense 16683.10
Insurance Expense 2910.20
New Construction N
Property Type Commercial Sale
MaintenanceExpense 2958.75
Subdivision Name GRADUATE HOSPITAL
Water Access Y/N N
Status ACTIVE
Directions 16th near the corner of 16th and Fitzwater
City PHILADELPHIA
Disclosures Owner RE Licensee
Number Of Units Total 5
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1280.00
Tax Annual Amount 7338.0
Electric Expense 568.63
Fuel Expense 340.65
Property Condition Good
Trash Expense 500.00
Price Per Sq Ft Total AG 345.53
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 200
Total Actual Rent 73800.00
Association Recreation Fee N
See more
Exterior
Lot Features Rear Yard
Water Source Public
Type of Parking None
Foundation Details Stone
Water View Y/N N
Building Area Total 2460.00
Lot Dimensions 16.00 x 80.00
Lot Size Acres 0.03
Road Surface Type Paved
Lot Size Source Estimated
Waterfront Y/N N
Door Features Six Panel
Soil Types Unknown
Road Responsibility City/County
Land Assessed Value 157260.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 729
See more
* Excluded Features
List By
Best City Homes Inc

Broker

rick@bestcityhomes.com

Email

Affordability Calculator

$5,978
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$850,000 Listed Price

Map


See all

729 S 16Th Street, Philadelphia, PA, 19146 is a Commercial Property for sale at $850,000 with 2,460 sqft and a lot size of 0.03. 729 S 16Th Street was built in 1900. The property's zip code is 19146 which is in Philadelphia, PA