$ 287,000
-
$287,000
Price -
5
Bed -
3
Bath -
1,590
SqFt
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About the Listing AMREA1 - 3191557
Investment Property with Strong Cash Flow Fully rehabbed 5-bedroom, 3-bath property is a prime investment opportunity. With a long-term tenant in place paying $3307.50/month, and a scheduled 5% rent increase on July 1st, 2025 (and annual 5% increases thereafter). This property offers excellent income stability and growth potential. The home features modern renovations throughout, including updated kitchens and bathrooms, new flooring, and upgraded systems—ideal for investors seeking a low-maintenance, high-yield asset. This is a rare chance to acquire a cash-flowing property.
Listing Highlights for 2538 N 16th St
Status
Active
Days on Site
76
Property Type
Townhome
MLS ®
PAPH2505962
Year Built
1915
Total Square Footage
1,590
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
None Available
Area
19121 (19121)
School District
Philadelphia City
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1590
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 15.00 x 66.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,556
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
2538 N 16th St Philadelphia, PA 19132
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