651 N 16Th Street Philadelphia, PA $ 1,199,000
651 N 16Th Street
$ 1,199,000
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651 N 16Th Street

Philadelphia, PA, 19130
$ 1,199,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 8,281

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Multi-Family Home for sale in Philadelphia, PA

for $1,199,000 with 6 bedrooms. This home was built in 1925 on a lot size of 0.05.

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, cafs, 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.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,732

Style

Straight Thru,Unit/Flat

Lot Size

0.05

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2688946

Features
General
Living Area 3279
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Central A/C Heat Pump(s)
Possession Settlement
Roof Fiberglass
Appliances Built-In Microwave Washer/Dryer Stacked Refrigerator Stainless Steel Appliances Dishwasher Oven - Self Cleaning
Zoning RM1
Patio/Porch Features Balconies- Multiple Roof Deck(s)
Architectural Style Straight Thru Unit/Flat
Security Features Fire Detection System Main Entrance Lock Monitored Smoke Detector Carbon Monoxide Detector(s)
Construction Materials Masonry Brick Frame
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1925
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
Net Operating Income 86083.00
Insurance Expense 4000.00
New Construction N
Property Type Multi-Family
Subdivision Name FAIRMOUNT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 6
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19130 (19130)
Lot Size Units Square Feet
Lot Size Square Feet 2000.00
Number of Units Leased 3
Tax Annual Amount 4732.0
Property Condition Excellent
Two Bedroom 3
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 365.66
Acceptable Financing Cash Conventional Private VA FHA
Avg. Electric Per Month 45.0
Avg. Gas Per Month 0.0
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 125.0
Location Type Urban
Lease Type Long Term
Standard Status Active
Year Built Source Assessor
Tax Lot 175
Total Actual Rent 98400.00
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Interior
Heating Fuel Electric
Basement Full
Flooring Hardwood Engineered Wood Tile/Brick
Hot Water Electric
Furnished Units Some
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Pane Energy Efficient Insulated
Fireplace Y/N N
Central Air Y/N Y
Laundry Type Washer In Unit Dryer In Unit
Avg. Heating Oil Per Month 0.0
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Exterior
Exterior Amenities Exterior Lighting Outbuilding(s) Roof Deck Sidewalks Street Lights
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar Stone
Spa N
Water View Y/N N
Lot Dimensions 20.00 x 100.00
Lot Size Acres 0.05
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Door Features Sliding Glass
Road Responsibility City/County
Land Assessed Value 184440.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 651
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* Excluded Features
List By
Kw Empower

Broker

nate@nanessteam.com

Email

Affordability Calculator

$8,676
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,281
Monthly Property Taxes
$394
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
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2026$1,199,000 Listed Price

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651 N 16Th Street, Philadelphia, PA, 19130 is a Multi-Family Home for sale at $1,199,000 with a lot size of 0.05. 651 N 16Th Street has 6 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19130 which is in Philadelphia, PA