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252-254 S 16th St 8 Unit Apartment Building $2,700,000 ($337,500/Unit) Philadelphia, PA 19102



Investment Highlights
- In the Rittenhouse Square neighborhood of Center City Philadelphia.
- Exceptional access to major transit, foremost acclaimed restaurants and nightlife, fashion district, grocery chains, and nationally recognized arts
- Is situated in the heart of Center City Philadelphia.
- The Property’s centralized location provides residents with unmatched walkability and connectivity to major education and employment hubs
Executive Summary
Greysteel is pleased to present the exclusive opportunity to acquire 252–254 S. 16th Street (the “Property”), a 10-unit mixed-use building consisting of eight apartments and two
ground-floor commercial units with long-term leases in place in the Rittenhouse Square neighborhood of Center City Philadelphia
ground-floor commercial units with long-term leases in place in the Rittenhouse Square neighborhood of Center City Philadelphia
Property Facts
| Price | $2,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $337,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 8 | Building Size | 8,250 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1800 |
| Zoning | CMX3 - primarily intended to accommodate community- and region-serving retail and service uses. | ||
| Price | $2,700,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,250 SF |
| No. Stories | 3 |
| Year Built | 1800 |
| Zoning | CMX3 - primarily intended to accommodate community- and region-serving retail and service uses. |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Public Transportation
- Walk-Up
- Smoke Detector
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 883706100 | Improvements Assessment | $994,720 |
| Land Assessment | $248,680 | Total Assessment | $1,243,400 |
Property Taxes
Parcel Number
883706100
Land Assessment
$248,680
Improvements Assessment
$994,720
Total Assessment
$1,243,400
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