Patterson-Schwartz Real Estate16 E Springer Street, Philadelphia, PA 19119-2241 $750,000
Interior Sq. Ft: 5,000
Acreage: 0.06
Age:135 years
Taxes: $9,970
Subdivision: Mt Airy (East)
Design/Type:
Detached
Description
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 Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service
Garage/Parking
Attached Garage, Driveway, Additional Storage Area, Garage - Side Entry, Inside Access, Oversized, Attached Garage Spaces #: 6;
Interior
Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Full Basement, Hardwood Flooring, Wood Flooring, Double Hung Windows, Fire Detection System
Exterior
Stone Foundation, Masonry
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Public Elementary (90 schools)
Public Middle (16 schools)
Public High (32 schools)
Private (102 schools)
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This report is a detailed community overview for Philadelphia (19119), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $61,100
Community Summary
- Population Density (ppl / mile): 8,691
- Household Size (ppl): 2.32
- Households w/ Children: 46%
Housing Inventory
- Owned: 7,600 (57.4%)
- Rented: 4,185 (31.6%)
- Vacant: 1,453 (11.0%)
- Total: 13,238
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.6%
- Some High School: 4.4%
- High School Graduate: 20.6%
- Some College: 17.2%
- Associate Degree: 6.3%
- Bachelor's Degree: 22.9%
- Graduate Degree: 26.9%
Income by dollar range
Median Income: $64,237
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $663
- One Bedroom: $922
- Two Bedroom: $1,057
- Three Bedroom: $1,224
- Four Bedroom: $1,886
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-753-2116
Listing Courtesy of: Elfant Wissahickon-Chestnut Hill , (215) 247-3600
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Listing data as of 7/27/2025.
