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David Swann

swannsoldit@gmail.com +1(240) 626-1103

Listed by John Brown • Compass Pennsylvania, LLC

$829,000

Est. payment - /mo

992 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2668678

Year Built 1915

Annual Tax Amount $4,762

Tax Year 2026

Lot Size 992 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. See agent for more information on the potential use as a day center. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1 bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX1

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Road Frontage City/County

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871550700

Ownership Fee Simple

Special Listing Condition Standard

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David Swann

+1(240) 626-1103

Agent License ID: SP40002154, 625023, 0225241774

1648 S 16TH ST Philadelphia, PA 19145

David Swann

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1648 S 16TH ST