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16 E Springer St, 
Philadelphia, PA 19119

$750,000


6

Beds


Bath


5,000

Sq Ft


Multi-Family

Active

Listed by

John P O'Connell

Elfant Wissahickon-Chestnut Hill

Last updated:

June 27, 2025, 01:40 PM

MLS#

PAPH2509682

Source:

BRIGHTMLS

About This Home

16 E Springer St

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.

Home Facts

Multi-Family

6 Bedrooms

Built in 1890

Price Summary

750,000

$150 per Sq. Ft.

MLS #:

PAPH2509682

Last Updated:

June 27, 2025, 01:40 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Victorian

Building Area:

5,000 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$750,000

Price per Sq. Ft:

$150 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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