802 N 16th St, Philadelphia, PA 19130

Property Description

Grossing $76,500 a year!! This is the investment opportunity you've been looking for in BOOMING Fairmount! Beautifully appointed three-unit property in the heart of Fairmount, one of Philadelphia's most sought-after neighborhoods. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this triplex delivers on every front. Unit 1 (1st Floor/Basement): A spacious bi-level layout featuring 3 bedrooms and 2 full bathrooms, with private access to a backyard - a rare and highly desirable amenity in the city. Perfect for tenants seeking outdoor space without sacrificing urban convenience. Unit 2 ( 2nd Floor): A bright and well designed 2 bedroom 1 bathroom straight-through apartment. Unit 3 (3rd Floor): Standout 2 bedroom 1 bathroom unit boasting breathtaking 260 degree views of the Philadelphia skyline! Each unit has been finished to the same high standard throughout. Hardwood floors, granite countertops and stainless steel appliances in all 3 units. Each apartment also has their own washer and dryer and laundry space. Lastly there's central air, sprinkler system and a 10 yr roof warranty that expires in 2034. Situated in vibrant Fairmount, residents enjoy walkable access to the Philadelphia Museum of Art, Fairmount Park, Whole foods, top rated restaurants, and easy commuter access to Center City. With three separately metered units, modern finishes, and unbeatable location, this property is ready to generate income from day 1!