651 N 16th St, Philadelphia, PA 19130
Local realty services provided by:ERA Martin Associates
651 N 16th St,Philadelphia, PA 19130
$1,199,000
- 6 Beds
- - Baths
- 3,279 sq. ft.
- Multi-family
- Active
Listed by: nathan s naness, ruti gov naness
Office: kw empower
MLS#:PAPH2688946
Source:BRIGHTMLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$365.66
About this home
FAIRMOUNT | ART MUSEUM AREA: A distinctive three-unit investment property in one of Philadelphia's most desirable neighborhoods. Built in 1925, 651 N. 16th Street combines architectural character with updated interiors and established rental income. Three occupied residences feature high ceilings, large windows, modern kitchens and baths, and quality finishes. Additional features include a private rear yard, two Juliet balconies, a rooftop deck with pilot house access, and garage parking. Convenient to Fairmount's restaurants, cafés, neighborhood shops, museums and cultural attractions. Currently generating $8,200 per month in rental income, with all three apartments leased through summer 2027. An opportunity to acquire an income-producing property with distinctive features and a strong neighborhood location. Approved for tax abatement. All income and expenses need to be verified by buyer.
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Home facts
- Year built:1925
- Subdivision & Development:FAIRMOUNT
- Listing ID #:PAPH2688946
- Updated:November 12, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Rooms Total:6
- Flooring:Engineered Wood, Hardwood, Tile/Brick
- Kitchen Description:Built-In Microwave, Dishwasher, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances
- Basement:Yes
- Basement Description:Full
- Living area:3,279 sq. ft.
Heating and cooling
- Cooling:Central A/C, Heat Pump(s)
- Heating:Electric, Heat Pump - Electric BackUp
Structure and exterior
- Roof:Fiberglass
- Year built:1925
- Building area:3,279 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Urban
- Architectural Style:Straight Thru
- Construction Materials:Brick, Frame, Masonry
- Exterior Features:Balconies- Multiple, Deck(s), Exterior Lighting, Outbuilding(s), Roof, Sidewalks, Street Lights
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$365.66
- Tax amount:$4,732 (2026)
Features and amenities
- Amenities:Carbon Monoxide Detector(s), Double Pane Windows, Fire Detection System, Insulated Windows, Main Entrance Lock, Monitored, Smoke Detector
Parking
- Parking description:On Street
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