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Great investment opportunity in the heart of Newbold, South Philly. 5 Unit, commercial and multi-family building. Zoned CMX2. Commercial ground floor with finished basement. Four residential units above, all of which are one bedroom, one bath, and all separately metered. Building is fully occupied with long-time, month to month tenants. Buyer has the opportunity to bring rents to market and stabilize the property with long term tenants. Central air conditioning installed and active for first floor. Please reach out to listing agent for rent roll.
Price: | $$700,000 |
Address: | 1801 S 16th Street |
City: | Philadelphia |
County: | Philadelphia |
State: | Pennsylvania |
Subdivision: | NEWBOLD |
MLS: | PAPH2314066 |
Square Feet: | 2,210 |
Acres: | 0.020 |
Lot Square Feet: | 0.020 acres |
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