1242-44 N 16Th Street, Philadelphia, PA 19121-5006 $815,000

# of Units: 3
Interior Sq. Ft: 4,256
Acreage: 0.04
Age:14 years
Taxes: $10,915
MLS#: PAPH2434356
Design/Type:
Interior Row/Townhouse

Description

Rare Investment Opportunity in Francisville/Sharswood!! Discover one of the largest triplexes in the Francisville/Sharswood area, offering over 4,100 square feet of space and a coveted private 3-car parking setup. This 10-bedroom, 6-bathroom property is a standout with steady cash flow, excellent tax shelter benefits, and significant appreciation potential. Conveniently located near Temple and Girard Colleges, the property is fully rented, generating $57,000 annually, with the potential for even greater income when Units 2 and 3 become available for new leases in July. Each unit is designed for tenant convenience: Unit 1 features 2 beds/2 baths, while Units 2 and 3 each offer 4 beds/2 baths. The building features hardwood and tile throughout, stainless steel appliances, cherry oak cabinets, granite counters and 10-foot kitchen islands in Units 2 & 3. Built in 2011, the property has been impeccably maintained by the current owner, with tenants responsible for all utilities, including water fees. This is a rare chance to own a high-income-producing property in a prime location—don’t miss it!

Taxes: $10,915
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Central Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Off Street

Interior
Kitchen - Island, Wood Floors, Hardwood Flooring, Tile/Brick Flooring

Exterior
Concrete Perimeter Foundation, Brick Exterior, Masonry

Contact Information

Listing Courtesy of: Redfin Corporation , (215) 631-3154, peter.phinney@redfin.com

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Listing data as of 3/16/2025.