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1012-16 Belmont Avenue Philadelphia, PA $ 255,000
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$ 255,000 Get more info
1012-16 Belmont Avenue
$ 255,000
Back to search
Share Save

1012-16 Belmont Avenue

Philadelphia, PA, 19104
$ 255,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,761

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Multi-Family Home for sale in Philadelphia, PA

for $255,000 with 6 bedrooms. This home was built in 1915 on a lot size of 0.09.

Calling all Investors!! Welcome to your next INVESTMENT OPPORTUNITY with the potential to be your next cash flowing property for years and years to come. 1012-16 Belmont Ave has an existing massive triplex consisting of one 3 bedroom/1 bath unit, one 2 bedroom/1 bath unit, and one 1 bedroom/1 bath unit. The existing triplex needs a full renovation to return it to it's peak glory, and once it is fully restored it will generate significant cash flow for the foreseeable future due to it's amazing location in the Mill Creek neighborhood of Philadelphia, located very close to the interstate as well as Fairmount Park. This property also comes with 2 RM1 lots in which you can maximize the opportunity by building two additional multifamily properties consisting of 2-5 units each. When fully built out, this property as a whole will be a cash cow. DON'T MISS OUT ON THIS OPPORTUNITY as these deals are a rare find.

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Multi-Family Contingent

Price

$ 255,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,278

Style

AirLite

Lot Size

0.09

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2671798
Features
General
Living Area 3011
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Immediate
Zoning RM1
Architectural Style AirLite
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 0.00
Accessibility None
County PHILADELPHIA
Net Operating Income 0.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 6
Status ACTIVE UNDER CONTRACT
Directions Close to the intersection of Girard Ave and Belmont Ave.
City PHILADELPHIA
Disclosures None
Number Of Units Total 3
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 3750.00
Number of Units Leased 0
Tax Annual Amount 5278.0
Home Warranty Y/N N
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 84.69
Acceptable Financing Cash
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Lease Type None
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 3011
Total Actual Rent 0.00
Cap Rate 0.00
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Unfinished
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Spa N
Water View Y/N N
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 75420.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1012
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* Excluded Features
List By
Re/Max Select Group

Broker

jamiel.asghar@remax.net

Email

Affordability Calculator

$2,201
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,761
Monthly Property Taxes
$440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/17/2026$255,000 Listed Price

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1012-16 Belmont Avenue, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $255,000 with a lot size of 0.09. 1012-16 Belmont Avenue has 6 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19104 which is in Philadelphia, PA

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