4 months on rocket

1801 S 16th St, Philadelphia, PA, 19145

$649,000

Home List Price

$7,707*

Closing Credit

0 Baths
2,210 SqFt
$294/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1801 S 16th St, Philadelphia$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1920
HeatingForced Air
CoolingWindow Unit(s)
MLS #PAPH2376702
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1801 S 16th St

FULLY RENTED! 5-UNIT BUILDING! A prime investment opportunity nestled in the Newbold neighborhood of South Philly. This expansive 5-unit building presents a blend of commercial and residential spaces, ideal for savvy investors seeking to capitalize on the area's growth. Zoned CMX2, this property has a commercial ground floor with a finished basement. Above, four meticulously maintained residential units offer comfortable living with each unit featuring one bedroom and one bath, all separately metered for utilities. Each unit has separate meters. All units are currently rented with month to month leases in place, there's significant potential to optimize rental income by bringing rents up to market rates. Expand your rental property portfolio! Reach out to secure the rent roll and schedule a tour of your next investment venture.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1920
  • Living Area: 2,210 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Monique Perri

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: USE GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $294/SqFt

Tax Information:

  • Annual Amount: $4,191
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1801 S 16th St vs Philadelphia

129 DAYS ON ROCKET

+85 Days

$649,000

+$387.1K More

$294/SqFt

+$95 More

KEY TAKEAWAY

This property is $387.1K more than the Median Sold Price and $95/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2376702

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Monique Perri

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,191 -
2019$4,181$298,700
2018$3,243$231,700
2017$2,499$178,500

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-825998
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.79 miles

  • Public Charter Grades KG-6

school-card-donut-825999
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-826000
3
/10

  • Mastery Charter School at Clymer

  • 1201 W Rush St

  • 1.16 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,759. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19145›1801 S 16th St

This home is located at 1801 S 16th St in Philadelphia, PA and zip code 19145 in the Lower North Philadelphia neighborhood. This 2,210 square foot home, which was built in 1920, sits on a 0.02 acre lot. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $649,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources