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252-254 S 16th St 8 Unit Apartment Building $3,725,433 CAD ($465,679 CAD/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 Under Contract
| Price | $3,725,433 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $465,679 CAD | 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 | $3,725,433 CAD |
| Price Per Unit | $465,679 CAD |
| 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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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 883706100 | Improvements Assessment | $1,372,505 CAD |
| Land Assessment | $343,126 CAD | Total Assessment | $1,715,631 CAD |
Property Taxes
Parcel Number
883706100
Land Assessment
$343,126 CAD
Improvements Assessment
$1,372,505 CAD
Total Assessment
$1,715,631 CAD
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252-254 S 16th St
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