1012-16 Belmont Ave, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Premier
1012-16 Belmont Ave,Philadelphia, PA 19104
$255,000
  • 6 Beds
  • - Baths
  • 3,011 sq. ft.
  • Multi-family
  • Pending
Listed by: jamiel ahmad asghar
Office: re/max select group
MLS#:PAPH2671798
Source:BRIGHTMLS

Price summary

  • Price:$255,000
  • Price per sq. ft.:$84.69

About this home

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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Home facts

  • Year built:1915
  • Listing ID #:PAPH2671798
  • Added:55 day(s) ago
  • Updated:November 12, 2026 at 09:17 AM

Rooms and interior

  • Bedrooms:6
  • Rooms Total:6
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,011 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1915
  • Building area:3,011 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Urban
  • Architectural Style:AirLite
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$84.69
  • Tax amount:$5,278 (2026)

Parking

  • Parking description:On Street

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