7 months on rocket

557-559 N 16th St, Philadelphia, PA, 19130

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,199 SqFt
$682/SqFt
Multi

Location

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557-559 N 16th St, Philadelphia$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1915
HeatingRadiant
CoolingNone
MLS #PAPH2338728
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 557-559 N 16th St

SEVEN (7) APARTMENTS, (7) BATHROOMS, (2) BRICK TOWNHOUSES, Multifamily ideally situated in the Spring Garden - Art Museum - Fairmount Section of Philadelphia, steps to Roberto Clemente Park East/West River Drives and the Parkway with several of the neighborhood's premier restaurants, museums the parkway, public transportation, ideal for walkers, bicyclists, and immediate to the scenic river drive walking trails. TOTAL ABOVE GRADE SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. Properties are affording tremendous curb appeal in a neighborhood surrounded by new development properties. This neighborhood which is blocks from Temple University, Community College of Philadelphia, steps to the Broad Street line, and quickly accessible to many alternative transportation lines for easy travel throughout the city. All agent showings through MLS showtime only. Current Vacant Apartments may be viewed on Zillow. ​Tax identification numbers for 557 & 559 N 16th Street 084113500, 084113400, Real Estate Tax 557-$7879.00 - Real Estate Tax - 559: $ 9580.00; Total Above Grade SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. Rent Approximations - Below Market : 557 #1 - $1,000 Manager; #2 - $1,375; #3 - 557 - $ 950; 559 #1 - $1,575; 559 2F - $950; 559 2R - $950; 3F 559 - $1,375. (5) One Bedroom Apts with patio or deck, (2) Studio Apts Showing Appointments Only With Prior Accepted Offer. These two (2) townhouse properties are being sold in combination as a seven (7) unit apartment building and are to be considered as a commercial sale. Seller must approve and accept Buyer's Signed Agreement of Sale , maximum (5) days "inspection period" in (AOS) and Buyer's (BFI) must be acceptable to Seller before any showings will be scheduled. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisers. You and your advisers should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Living Area: 2,199 SqFt

Listing Office:

  • Office Name: Polis Real Estate
  • Office Phone: (610) 667-6450
  • Listing Agent: Barry P Polis

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Spring Garden Street - N 16TH Street corner of Brandywine Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $682/SqFt
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Housing Market Comparison

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

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

557-559 N 16th St vs Philadelphia

232 DAYS ON ROCKET

+188 Days

$1,500,000

+$1.2M More

$682/SqFt

+$483 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $483/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: #PAPH2338728

Listing Office:

  • Office Name: Polis Real Estate
  • Office Phone: (610) 667-6450
  • Listing Agent: Barry P Polis

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: 11/22/2024, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-636745
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.47 miles

  • Public District Grades KG-4

school-card-donut-636746
6
/10
  • John Moffet Elementary School

  • 127 W Oxford St

  • 2.11 miles

  • Public District Grades KG-5

school-card-donut-636747
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 2.20 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,073. Most Philadelphia, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19130557-559 N 16th St

This home is located at 557-559 N 16th St in Philadelphia, PA and zip code 19130 in the Center City neighborhood. This 2,199 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $1,500,000.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024 median list price was $261,807 and the average listing age was 44 days.

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

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