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721 N 16th St
Philadelphia, PA 19130
Mountview Apartments · Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • Boutique Apartment Living: High-End Finishes at an Affordable Price Point
  • New Construction Property: Little to No Deferred Maintenance; Turnkey Operation
  • Proximity of Two Commercial Corridors: Walk to Fairmount Avenue and Ridge Avenue
  • Value-Add through Development: Construct 8 Units on Contiguous Parcels
  • Affluent Fairmount Neighborhood Location: Desirable and Undersupplied Neighborhood
  • Access to Public Transportation: Short Walk to Broad Street Subway and Numerous Bus Routes

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 9,000 SF
No. Stories 5
Year Built 2023
Zoning RM1 - RM-1 zoning is used in areas where multi-unit development is already present or is planned for the future.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Smoke Free
  • Elevator
  • Sundeck
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881000511
Land Assessment
$150,280
Improvements Assessment
$1,352,520
Total Assessment
$1,502,800
  • Listing ID: 33688494

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 721 N 16th St, Philadelphia, PA 19130

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