720 S 16th St

Charming 4-Bedroom Home in the Heart of Graduate Hospital – Bring Your Vision! This spacious 4-bedroom, 2-full bathroom home offers a fantastic opportunity for someone ready to add their personal touch and make it their own ideal vision. Priced accordingly to reflect its potential, this property is perfect for buyers looking for a functional home to live in at a reasonable value today or investors seeking to capitalize on the very desirable Graduate Hospital area. The first floor features an open concept living, dining, and kitchen area with plenty of natural light. The kitchen boasts maple cabinetry, exposed brick accents, and tiled countertops, creating a unique and inviting space. A full bathroom on this level showcases oversized floor tiles and a sleek modern vanity. Step outside to a small but functional private rear patio – perfect for grilling and relaxing outdoors. Upstairs on the second floor, you'll find a nice-sized bedroom in front, an additional smaller bedroom at the back, and a nice size renovated full bath. The third floor offers two additional bedrooms that parallel the layout of the bedrooms on the second floor, providing ample space for family, guests, or a home office. Currently tenant-occupied until July 31, 2025, generating $3,230 per month, this home offers both immediate rental income and long-term investment income and value growth potential. Whether you're an investor, a future homeowner, or looking for a 1031 Exchange opportunity, this property checks all the boxes. Please note: 24-hour notice required to show property to tenants.

Price Change History for 720 S 16th St, PHILADELPHIA, PA (MLS® #PAPH2474602)