825 North 16th Street

Philadelphia, PA 19130

$480,000
Last Sold Price
4
Beds
2
Baths
2,415 Sq. Ft.
$199 / Sq. Ft.
2,415
Sq. Ft.
$199
per Sq. Ft.

Description

Investors or Home Owners that want to live in the ground floor and keep the top floor rented and mitigate your monthly mortgage - You have got to check this amazing property out. The duplex was built in 2014 and has a tax abatement on the property until the 2024 tax year. The ground floor is a 2 bedroom 1 full bathroom apartment at approximately 1,200 sq ft in size with the private use of the rear patio. The upstairs apartment is another 2 Bedrooms 1 Bathroom space at approximately 1,200 sq ft in...Investors or Home Owners that want to live in the ground floor and keep the top floor rented and mitigate your monthly mortgage - You have got to check this amazing property out. The duplex was built in 2014 and has a tax abatement on the property until the 2024 tax year. The ground floor is a 2 bedroom 1 full bathroom apartment at approximately 1,200 sq ft in size with the private use of the rear patio. The upstairs apartment is another 2 Bedrooms 1 Bathroom space at approximately 1,200 sq ft in size with private access to the roof top deck. This Duplex is priced to sell lower than the competition with expectations to sell quickly. Schedule your tour today but please allow 48 hour notice to alert the tenants. 2 YEARS Remaining on the 10 YR Tax Abatement.
  1. Listed by Ryan P Quinn • Space & Company
    P: 2158509930 rquinn@spaceandcompany.com

Property Details for 825 North 16th Street

Tax ID Number
PUBLIC RECORD
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Bi-level, Straight Thru, Unit/Flat
Waterfront
No
Garage
No
Subdivision
FRANCISVILLE
Subdivision
FRANCISVILLE (PHILADELPHIA PA)

Location

Listing Courtesy of Space & Company

Sold By RE/MAX One Realty - TCDT

Add your commute
LISTING UPDATED: 11/20/2023 12:40 PM

Property Details for 825 North 16th Street

StatusClosed
MLS #PAPH2242306
Days on Market143
Taxes$2,475 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2014
Lot Size0.02 AC / 825 SF
CountyPhiladelphia County

Location

Listing Courtesy of Space & Company

Sold By RE/MAX One Realty - TCDT

Add your commute

Virtual Tour

Building Information for 825 North 16th Street

Stories-Residences2Year Built2014Building Size-Lot Size0.02 AC / 825 SF

Payment Calculator

$2,826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,620

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 825 North 16th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19130 (19130)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $884,000
  • Zoning: RM1
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Insurance, Management, Snow Removal, Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 1100
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 1200
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense Includes: Snow Removal, Insurance
Financial Information
  • Gross Income: $38,100
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.51
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,415.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 55.00
  • Lot Dimensions Source: Assessor
  • Location Type: Corner Lot/Unit
  • Parcel ID: 962354
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 825 North 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 825 North 16th Street

Taxable ValueLand$176,800Additions$707,200Total$884,000
Tax Record2023$12,374 ($1,031 / month)
Home Facts
Total Finished SqFt1,815 SqFtAbove Grade Finished SqFt1,815 SqFtStories3Lot Size825 SqFtStyleMulti-Family Dwelling (2-4)Year Built2014ZoningCMX1CountyPHILADELPHIAAPN15-1-0203-00

Schools near 825 North 16th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Waring Laura W School
PublicPK to 8

Franklin Benjamin High School
Public9 to 12

Franklin LC
Public9 to 12

Masterman Julia R Secondary School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Space & Company

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.