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1648 S 16th St , Philadelphia, PA 19145
$829,000
Est. Payment: $4,478.40/mo
2976 Sqft
0.02 Acres
Status: active | Days on site: 63
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COMPASS1 - 3142005
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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. 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. BONUS: Tax Abatement runs through 2030
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Highlights

Listed by John J Brown , 2157789600 Compass Pennsylvania, LLC , 2674358015. Bright MLS

Property Type

Commercial Sale
Lot/Acreage
0.02

Year Built

1915

County

Philadelphia

Area

19145 (19145)

 School District

Philadelphia City

Listing ID

PAPH2668678

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:CMX1
Sewer:Public Sewer
Parking Features:Public,Unassigned,On Street
Principal Interest
$4,478
Taxes
$397

Home Price

$829,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$165,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,478.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,478.40 $396.83 $0.00 $4,875.23
Yearly $53,740.82 $4,762.00 $0.00 $58,502.82
Total $1,612,224.54 $142,860.00 $0.00 $1,755,084.54
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS