Here presented to you is every investors dream property in the highly desirable zip code of 19130! This fully rented, cash-flowing 3-unit multifamily generates $7,350/month and is ideally situated on a corner lot at N 16th St and Brown St, just off Fairmount Ave in a high-demand rental market. Zoned RM1, the building spans 4 stories, featuring three well-designed residential units—each offering 3 bedrooms and 3 full bathrooms, with the top-floor unit boasting a rooftop deck for added luxury and rent appeal. To top it all off, the property still has 8 years left on the tax abatement.
All three units are fully occupied, with tenants paying gas and electric while the owner only covers water, ensuring low operating costs and higher ROI.
Location is everything—and this one delivers! With a Walk Score of 91, daily errands require no car. Add in a Transit Score of 83 and a Bike Score of 85, and it’s easy to see why this is such a desirable spot for young professionals, students, and long-term tenants alike. Just minutes from Temple University and public transit, this property is the definition of turnkey—with proven income, great condition, and long-term upside.
Whether you're expanding your rental portfolio or looking for a smart, income-producing asset in a growing neighborhood, this property checks every box!
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Listing Snapshot
Price
$1,350,000
Days On Site
149 Days
Bedrooms
9
Inside Area (SqFt)
3,887 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
2020
MLS® Number
PAPH2496352
Status
Active
Property Tax
$3,079
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
yesterday
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
5 months ago
Listing first seen on site
General Features
Acres
0.03
Cross Street
Brown St
Foundation
Other
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3887
SqFt Total
3887
Style
Other
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Gas RangeGas OvenRefrigeratorDishwasherRange HoodMicrowave
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