1012-16 BELMONT AVE, Philadelphia, PA 19104

• 3,011 sqft

Property Description

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 Status:

Active

Data Last Updated:

September 24, 2026 at 7:17AM

Listing Office:

RE/MAX Select Group : 6106241034

Listing Agent:

Jamiel Ahmad Asghar : 2398496864

MLS ID:

PAPH2671798

Interior

• Basement: Unfinished
• A/C: None
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: AirLite

Construction

• General: MasonryConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1062342700

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN