Philadelphia, PA 19132 2500 N 16Th Street

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  • MLS# PAPH2439036
  • 01/27/2025
  • Request Tour
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  • Beds • 4

Home Details

Welcome to 2500 N 16th St, Philadelphia, PA 19132a standout investment opportunity featuring 3 fully updated units in a vibrant, sought-after location! This commercial mixed-use multi-family property has been completely renovated to meet modern standards, making it an ideal choice for both owner-occupants and investors alike. The upgrades include brand-new systems (HVAC, plumbing, electric, etc.), ensuring worry-free ownership for years to come. Each unit boasts stylish, contemporary finishes, including stainless steel appliances, adding to its tenant appeal. One residential unit is currently vacant, offering the flexibility for the new owner to move in immediately or take advantage of a pre-approved Section 8 rental, with tenants ready to lease. This means you can start generating income right away! Situated just minutes from Temple University, the property enjoys high demand from students, faculty, and professionals alike. Its prime location provides easy access to public transportation, local dining, shopping, and major city amenities, guaranteeing consistent rental interest. Why This Property Stands Out: Fully renovated and move-in ready Prime location near Temple University Strong income potential with Section 8 pre-approval Turnkey investment with no major updates required Dont miss this opportunity to secure your spot in Philadelphias booming real estate market. Whether you're expanding your portfolio or looking for a property with high rental demand, 2500 N 16th St is a rare find that checks all the boxes. Schedule your tour today and make your investment dreams a reality!
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Interior Features for 2500 N 16Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 2500 N 16Th Street

AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsHead north on Broad St, Turn left onto W Cumberland St, Turn right onto N 16th St
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lot Size Square Feet1056.00
Lot Size UnitsSquare Feet
MLS Area19132 (19132)
ModificationTimestamp2025-04-07T19:21:10
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG215.07
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount2049.0
Tax Assessed Value149900.0
Tax Lot64
Tax Year2024
Total SQFT2720
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX2

Exterior for 2500 N 16Th Street

Foundation DetailsBlock
Land Assessed Value29280.00
Land Use CodeY50
Lot Dimensions16.00 x 66.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Road Frontage Length16
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $585,000
MLS#PAPH2439036
List Date 01/27/2025
Property Type Multi-Family
Phone 703.929.4729
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