106 S 16th St | Philadelphia, PA 19102
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106 S 16th St
Philadelphia, PA 19102
1600 Chestnut · Multifamily Property For Sale
·
56 Units
Investment Highlights
- Trophy Quality Property: Mid-Rise Asset in an Irreplaceable Location
- Turnkey Asset: Institutional Quality In-Place Management; Turnkey Operation
- Award-Winning Neighborhood Amenities: Walk to James Beard Award-Winning Restaurants, Coffee Shops, and Luxury Shopping
- Boutique Luxury Apartment Living: High-End Finishes at a Substantial Discount to Class A High-Rises
- Affluent Center City Location: In the Middle of It All in Philadelphia
- Immediate Access to Public Transportation: Short Walk to Suburban Station, Regional Rail, and the Broad Street Subway
Property Facts
| No. Units | 56 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 37,410 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | C | Year Built/Renovated | 1925/2012 |
| Zoning | CMX-5 | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 37,410 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built/Renovated | 1925/2012 |
| Zoning | CMX-5 |
Amenities
Unit Amenities
- Air Conditioning
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Wi-Fi
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Fitness Center
- Property Manager on Site
- Lounge
- Public Transportation
Property Taxes
| Parcel Number | 881031011 | Improvements Assessment | $11,368,155 |
| Land Assessment | $2,006,145 | Total Assessment | $13,374,300 |
Property Taxes
Parcel Number
881031011
Land Assessment
$2,006,145
Improvements Assessment
$11,368,155
Total Assessment
$13,374,300
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