$ 450,000
-
$450,000
Price -
1
Bed -
9
Bath -
2,805
SqFt
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About the Listing KWEMPWR - 3361434
3525 and 3527 North 16th Street. Exceptional opportunity to acquire one or both of these side-by-side properties, currently configured as a six-unit and a nine-unit multifamily package. These properties can be purchased individually or together, offering flexibility for investors seeking scale, value-add potential, or long-term appreciation in a rapidly developing corridor. Positioned just two blocks from Temple University Hospital and surrounding educational and medical facilities, the location benefits from consistent rental demand driven by healthcare professionals, students, and workforce housing needs. The area is experiencing continued growth and reinvestment, supported by its proximity to major institutions and transportation routes. Both buildings are attached twins and are currently operating as multifamily assets with studio and one-bedroom units. This presents a compelling opportunity for an investor to pursue proper zoning, licensing, and repositioning strategies to unlock additional value. Each property offers strong fundamentals with multiple units in place, making this an ideal value-add investment with upside through stabilization, rent growth, and regulatory alignment. Whether acquired individually or as a portfolio, 3525–3527 N 16th Street represents a rare chance to secure scale and potential in a high-demand North Philadelphia submarket. The use is currently non-conforming. Buyer shall assume full responsibility for obtaining any required use registration, licensing, and certifications.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
PAPH2604270
Year Built
1940
Total Square Footage
2,805
Lot/Acreage
0.1
County
Philadelphia
Neighborhood
Nicetown-Tioga
Area
19140 (19140)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 1
- Bathrooms: 9 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2805
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 37.00 x 114.00
- Zoning: RSA3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,1+ Spaces
Financial Details
- Tax Amount: $3,274
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3527 N 16th St Philadelphia, PA 19140
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