About 1648 S 16th St
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!
Features of 1648 S 16th St
| MLS® # | PAPH2671842 |
|---|---|
| Price | $829,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,896 |
| Acres | 0.02 |
| Year Built | 1915 |
| Type | Multi-Family |
| Sub-Type | Triplex,End of Row/Townhouse |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1648 S 16th St |
|---|---|
| Area | 19145 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19145 |
Amenities
| Parking | Public, Unassigned |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air, Heat Pump(s) |
|---|---|
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Masonry |
|---|---|
| Construction | Masonry |
| Foundation | Other |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | September 18th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | CMX1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Pennsylvania, LLC |
|---|---|
| Contact Info | 2674358015 |