Charming Rittenhouse Triplex Fully Leased Investment Opportunity
Nestled on an adorable tree-lined street just a short stroll from iconic Rittenhouse Square, 417 S 16th Street offers the perfect blend of character, location, and income potential. This well-maintained triplex features three thoughtfully designed units, each filled with natural light thanks to large windows throughout.
First Floor: 2 bed / 1 bath, $1,900/month, includes central air and in-unit laundry.
Second Floor: 2 bed / 1 bath, $1,800/month.
Third Floor: 1 bed / 1 bath, $1,450/month, with in-unit laundry.
All units boast spacious layouts and stylish finishes that tenants love. Located just steps from some of the city's best restaurants, including Harpers Garden, Parc, and more, this property offers unbeatable walkability and convenience. Laundry is also available in the basement for added tenant ease.
Whether you're expanding your portfolio or entering the market, this fully leased triplex is a turnkey opportunity in one of Philadelphias most desirable neighborhoods.
Presented By: KW Empower
Interior Features for 417 S 16Th Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementOther
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Heating Y/NYes
Hot Water60+ Gallon Tank
General for 417 S 16Th Street
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingOther
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
Heating90% Forced Air
Lot Size Square Feet1056.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-07-07T15:02:55
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionSettlement, Negotiable
Price Per Sq Ft Total AG323.62
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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