1012 16 Belmont Ave
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.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Discovery Charter School
Blankenburg Rudolph School
Rhoads James School
KIPP Philadelphia Octavius Catto Charter School
KIPP West Philadelphia Charter School
Inquiry Charter School
Global Leadership Academy Charter School
School of the Future
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 09/17/2026 | Listed for sale | $255,000 |
Listed by Jamiel Ahmad Asghar · RE/MAX Select Group · 6106241034
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.
Last Updated: September 25, 2026 at 8:13 PM | Source: Bright | MLS#: PAPH2671798
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