Under Contract

MLS: #PAPH2671798, Listed By: Jamiel Asghar, RE/MAX Select Group, Source:Bright MLS

1012-16 Belmont Avenue

PHILADELPHIA, PA 19104
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Bed 6

Bed

Bath 0

Bath

SqFt3,011

Sqft

Acres0.09

Acre(Lot)

Calling all Investors!! Welcome to your next INVESTMENT OPPORTUNITY with the potential to be your next cash flowing property for years and years to come. 1012-16 Belmont Ave has an existing massive triplex consisting of one 3 bedroom/1 bath unit, one 2 bedroom/1 bath unit, and one 1 bedroom/1 bath unit. The existing triplex needs a full renovation to return it to it's peak glory, and once it is fully restored it will generate significant cash flow for the foreseeable future due to it's amazing location in the Mill Creek neighborhood of Philadelphia, located very close to the interstate as well as Fairmount Park. This property also comes with 2 RM1 lots in which you can maximize the opportunity by building two additional multifamily properties consisting of 2-5 units each. When fully built out, this property as a whole will be a cash cow. DON'T MISS OUT ON THIS OPPORTUNITY as these deals are a rare find.

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Detail Ic Property Details

Property Type : Residential Income

Price : $255,000

AD Id : 91330751

MLS Id : PAPH2671798

Beds : 6

Lot Size : 0.09 Acre

Living Area Size : 3,011 Sq. Ft

Tax Amount : $5,278

Year Built : 1915

County : PHILADELPHIA

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Rooms Total: 6 Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: None, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 3011 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.09 Lot Size Source: Assessor Lot Size Square Feet: 3750

  • Listing Price Information

    Listing Price: $255000

  • Tax Information

    Parcel Number: 062342700 Tax Lot: 3011 Tax Year: 2026 Annual Tax: $5278

  • Parking Information

    On Street

  • Location Information

    Direction: Close to the intersection of Girard Ave and Belmont Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3101 Haverford Avenue, Philadelphia, PA, 19104 $625,000 5 -- 2,304 0.03 Acre
521 N 34th Street, Philadelphia, PA, 19104 $3,675,000 28 -- 11,700 0.11 Acre
516 N 34th Street, Philadelphia, PA, 19104 $1,250,000 12 -- 4,731 0.04 Acre
641 N 34th Street, Philadelphia, PA, 19104 $220,000 2 -- 1,004 0.02 Acre
3414 Spring Garden Street, Philadelphia, PA, 19104 $829,000 6 -- 3,214 0.09 Acre
3424 Wallace Street, Philadelphia, PA, 19104 $650,000 4 -- 3,672 0.03 Acre
3602 Powelton Avenue, Philadelphia, PA, 19104 $1,250,000 7 -- 3,150 0.07 Acre
3627 Powelton Avenue, Philadelphia, PA, 19104 $985,000 6 -- 2,712 0.07 Acre
623 N 36th Street, Philadelphia, PA, 19104 $925,000 6 -- 3,264 0.02 Acre
3713 Lancaster Avenue, Philadelphia, PA, 19104 $545,000 4 -- 2,096 0.03 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 04:55

MLS: PAPH2671798 LISTED BY: Jamiel Asghar, RE/MAX Select Group 610-624-1034 SOURCE: Bright MLS

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