$750,000

16 E SPRINGER ST, Philadelphia, PA 19119

  • 5,000 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Rarely offered, Beautiful 1880's Grain Mill Building converted in three (3) apartments with a huge adjoining/attached garage-warehouse studio space, with overhead garage door and driveway. All three (3) apartments, tastefully renovated, each with huge light-filled 6 over 6 muntins (aka montant) windows in each unit. All apartments are 2 Bedroom 1 bath approximately 1200 sf each, and in excellent condition with Central Air Conditioning, in-unit private laundry, recently refinished original wood plank flooring. Open floor plan layout. Ideally configured with a living room, dining area, Island Kitchen. All separate utilities-tenants pay HVAC, electric, gas domestic hot water. Bonus and not currently leased (owner occupied) projected rent $1500- large commercial grade ware house- studio space, includes separate gas fired hot water heat-radiators, separate electric meter, toilet and work/wash tub area. Concrete slab floor, high 13' ceiling height, large overhead garage door-very secure. Gross yearly rental income ($72,000) includes projected garage/studio space rent of $1500 per month. Yearly expenses range in the low to mid $20,000's and include owner paying RE Taxes, Building Insurance, Trash Tax, Fire/Smoke Alarm fee, Maintenance and Repairs. Would make a fabulous investment or even some mixture of an owner occupied situation. 24 HOUR NOTICE for showings. All showings through agent.

Listing Status:
Active
Listing Office:
Elfant Wissahickon-Chestnut Hill : 2152473600
Listing Agent:
John P O'Connell : 2673121925
MLS ID:
PAPH2509682
  • General: Combination Kitchen/LivingCombination Dining/LivingCeiling Fan(s)Floor Plan - OpenKitchen - Eat-InKitchen - Island
  • Appliances: DishwasherDryer - GasExhaust FanOven/Range - GasRange HoodRefrigeratorWasherWasher/Dryer Stacked
  • Basement: Full
  • Flooring: HardwoodWood
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of John P O'Connell, Elfant Wissahickon-Chestnut Hill

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elenor C. Emlen Elementary School

6501 Chew Ave, Philadelphia, PA, 19119

Grades KG-5

0.38 miles away

R

Roosevelt Elementary School

430 E Washington Ln, Philadelphia, PA, 19144

Grades KG-8

0.55 miles away

P

Parkway Northwest

6200 Crittenden St, Philadelphia, PA, 19138

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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