16 E Springer St
16 E Springer St
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For Sale

16 E Springer St

16 E Springer St, Philadelphia, PA 19119

$750,000
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.

6
beds

5,000 Sq.Ft. LIVING AREA

2,783 Sq.Ft. lot

John O'Connell

John O'Connell

Features & Amenities

Interior

  • total bedrooms6
  • Flooring Hardwood, Wood
  • APPLIANCES Dishwasher, Refrigerator, Gas Oven, Gas Range, Washer
  • other interior Features Eat-in Kitchen, Kitchen Island

Area & Lot

  • Status For Sale
  • Living Area5,000 Sq.Ft.
  • Lot Area2,783 Sq.Ft.
  • MLS® IDPAPH2509682
  • TypeMulti-Family
  • YEAR BUILT1890
  • NeighborhoodMt. Airy
  • Architecture StylesVictorian, Other
  • School DistrictPHILADELPHIA CITY

Exterior

  • Garage Space6.0
  • water SourcePublic
  • parkingAttached
  • HEAT TYPEForced Air, Natural Gas, Exhaust Fan
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s)
  • sewerPublic Sewer

Financial

  • Sales Price$750,000
  • Real Estate Tax $9,970/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 16 E Springer St, Philadelphia, PA 19119. We are reviewing your request and will be in touch shortly!
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Mt. Airy

Developed in the late 19th and early 20th centuries, spreading out from Germantown Ave and two railroad lines.

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We believe that sellers and buyers are best represented by dedicated, licensed professionals who are faithful to the REALTOR® Code of Ethics. We are committed to the continued education of our agents and staff with latest technology, market knowledge and hands-on Broker management.

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Contact Details

Elfant Wissahickon REALTORS®

Phone

(215) 247-3600

Email

[email protected]

Address

8039 Germantown Ave. Philadelphia, PA 19118

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