Investments Sales Management

Straight Thru

3535 N 16TH STREET

PHILADELPHIA , PA 19140

MLS#: PAPH2463374

$662,500

Status: Active
Listing number: PAPH2463374
Listing provided by: KW Empower
Listing agent phone: None
Last update: 14 days ago
Browse Properties
Main image without alt text

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

2017

Sq.Footage

2,940

Investment Special for 6 units, with the purchase of both buildings, and from a benefit of 6.3% cap rate. Welcome to 3535 N. 16th St., a high-demand rental property in the thriving North Broad Corridor, just steps from Temple University Hospital. This fully leased multifamily building features three spacious units (each with 2 beds and 2 baths), totaling six beds, with lower-level units offering full basements for added rental potential. Built in 2017 using efficient modular construction, this energy-efficient property boasts modern interiors, high ceilings, and contemporary appliances. Dedicated management and leasing ensure hassle-free ownership, while a remaining tax abatement keeps operating expenses low. Situated in a Qualified Opportunity Zone, this investment benefits from strong rental appreciation and a waitlist of tenants fueled by 5,500+ skilled TU Hospital professionals. Conveniently located 5 minutes from the SEPTA Broad St. subway, providing direct access to Center City, and near major redevelopments, including North Philadelphia Station, Uptown Theater, and Beury Building. This high-growth investment opportunity is available immediately—a rare find in one of Philadelphia’s most exciting markets. **PACKAGE NOTES: - 2 turnkey rental properties that are giving you the chance to bundle and maximize your investment. - Each property is fully occupied by good-standing tenants. - Owner can provide rent receipts, etc. **PACKAGE DEAL: *3535 N. 16th St. List Price: $662,500 Rental: $1,400 per unit (3 units), *3537 N. 16th St. List Price: $662,500 Rental: $1,400 per unit (3 units)

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2940.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Central

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $662,500

  • Tax Amount

    1875.0

  • Sq. Footage

    2, 940

  • Price/SqFt

    $225

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    205

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Martin Rodriguez , KW Empower

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Investment Special for 6 units, with the purchase of both buildings, and from a benefit of 6.3% cap rate. Welcome to 3535 N. 16th St., a high-demand rental property in the thriving North Broad Corridor, just steps from Temple University Hospital. This fully leased multifamily building features three spacious units (each with 2 beds and 2 baths), totaling six beds, with lower-level units offering full basements for added rental potential. Built in 2017 using efficient modular construction, this energy-efficient property boasts modern interiors, high ceilings, and contemporary appliances. Dedicated management and leasing ensure hassle-free ownership, while a remaining tax abatement keeps operating expenses low. Situated in a Qualified Opportunity Zone, this investment benefits from strong rental appreciation and a waitlist of tenants fueled by 5,500+ skilled TU Hospital professionals. Conveniently located 5 minutes from the SEPTA Broad St. subway, providing direct access to Center City, and near major redevelopments, including North Philadelphia Station, Uptown Theater, and Beury Building. This high-growth investment opportunity is available immediately—a rare find in one of Philadelphia’s most exciting markets. **PACKAGE NOTES: - 2 turnkey rental properties that are giving you the chance to bundle and maximize your investment. - Each property is fully occupied by good-standing tenants. - Owner can provide rent receipts, etc. **PACKAGE DEAL: *3535 N. 16th St. List Price: $662,500 Rental: $1,400 per unit (3 units), *3537 N. 16th St. List Price: $662,500 Rental: $1,400 per unit (3 units)

3535 N 16TH STREET

Message successfully sent.

What would you like to know?

Related Properties

Welcome to 3800 N 18th St — a fully renovated gem offering modern comfort and investment potential. This beautifully rehabbed property features four units, each with 2 bedrooms, 1 bathroom, and central air and heating. The kitchens are outfitted with sleek quartz countertops, glass mosaic and subway tile backsplashes, and durable ceramic tile flooring. Throughout each unit, you'll find elegant hardwood floors, while the bathrooms showcase stunning floor-to-ceiling tile for a luxurious touch. Each unit has washer/dryer hookup. Two units are currently occupied under annual leases, while the remaining two are vacant, providing flexibility for an owner-occupant or new tenants. The fully finished basement functions as the lower level unit. A fantastic opportunity for investors or anyone looking to live in one unit while generating rental income from the others. Seize the opportunity today!
#PAPH2488992

PHILADELPHIA

3800 N 18TH STREET

8 Beds

None Baths

2,475 Sq.Ft.

$550,000

MLS#: PAPH2488992

Great mixed-use property in University City! One commercial store and 4 modern studio apartments! All separate utilities except cold water/sewer. Owner pays cold water/sewer for the building. The first floor store is currently vacant. In the common hallway to the apartments, there is a shared laundry room with coin-operated W/D. The four apartments are modern studio apartments with all separate gas and electric and self-contained. Each unit has its own Central Air and Heat in unit. Separate hot water tanks per unit in the basement. They are all upgraded with hardwood floors and updated baths/kitchens. The 1st floor rear has access to the yard. Unit 1R is leased through Dec 2025 and pays $1000/mo. Unit 2F is leased at $1000/mo. Unit 2R is leased through April 2025 at $1000/mo. Unit 3 is month-to-month and $1000/mo. Basement is off limits to the tenants. Only accessible through the bilco doors on the front sidewalk. Excellent investment opportunity! Turn key! Come see this! Make your appointment today!
#PAPH2124864

PHILADELPHIA

4028 MARKET STREET

None Beds

None Baths

2,711 Sq.Ft.

$750,000

MLS#: PAPH2124864

Discover a standout investment at 1322 N 15th Street, a modern duplex in one of Philadelphia’s most connected neighborhoods. This property, just eight years old, now features a brand-new roof installed in December 2024, ensuring durability and peace of mind for years to come. This exceptional duplex offers two spacious units, each with four generously sized bedrooms and private bathrooms in each bedroom—eight of each in total. Both units are thoughtfully designed with dedicated laundry facilities, ample kitchens, and inviting dining and living areas, making them ideal for premium tenants. Located just off Broad Street, the property provides unmatched convenience, with close proximity to Temple University, Center City, and the Broad Street subway line. Commuting is seamless with easy access to major roadways and highways, enhancing its appeal to tenants and investors alike. As demand for high-quality rentals in this thriving area continues to rise, this duplex offers immediate cash flow potential and promises significant long-term value appreciation. Don’t miss this turnkey investment opportunity in one of Philadelphia’s most desirable neighborhoods. The time to invest in your future is now!
#PAPH2421416

PHILADELPHIA

1322 N 15TH STREET

8 Beds

None Baths

2,902 Sq.Ft.

$590,000

MLS#: PAPH2421416

Calling All Investors!! Welcome to 2327 N 3rd St, a beautiful new construction duplex. This turnkey duplex is waiting for you to add to your multi-family portfolio. 100% occupancy (offered at 7% cap rate) as both units are rented and have tenants who have renewed. Two Bi-Level Units located in one of the hottest growing areas of Philadelphia! Call for details/financials and to schedule a tour. Unit 1 is a spacious bilevel 2 bed 1.5 bath with private backyard space (rented at $1,700). Unit 2 features 2 bed 1.5 bath bilevel unit with private roof deck (rented at $1,900). Both units include in-unit washer/dryers, open concept living/kitchen, stainless steel appliances and quartz countertops in both units. Comes with 7 year full tax abatement. This duplex can be sold individually or as a package with other new construction duplexes in the area. Contact us for more details and financials. If you are not familiar with this direct pocket of the City, please reach out as there is hyper development going on within this area.
#PAPH2483200

PHILADELPHIA

2327 N 3RD STREET

4 Beds

None Baths

2,700 Sq.Ft.

$570,000

MLS#: PAPH2483200

Welcome to 2428 Jasper Street, a modern duplex in one of Philly’s fastest-growing neighborhoods, offering a rare opportunity for house-hackers and savvy investors alike. Built just a few years ago and still benefiting from the Philadelphia tax abatement, this newer construction property is a smart addition to any portfolio. Both units are currently leased, however you have the flexibility to move in or continue benefiting from the cash flow. The lower unit is a spacious 3-bedroom, 2.5-bathroom setup that spans the ground floor, lower level, and part of the second story. The main level features an open concept living area, sleek kitchen with 36" custom gray cabinetry, white quartz countertops, stainless steel Frigidaire appliances, subway tile backsplash, and a convenient powder room. Downstairs you’ll find two bedrooms, a full bathroom, and your laundry. Upstairs is the private primary suite with its own bathroom. Out back you also have a large patio that's perfect for lounging or entertaining! The upper unit is a bright and modern 2-bedroom, 2-bathroom spread across the second and third floors, complete with a generously sized living area, clean finishes, and access to a massive roof deck with a view of the Center City skyline. Whether you’re hosting guests or just unwinding after work, the rooftop space is a true standout! Located in the heart of East Kensington, you’re just a short walk away from many amazing places like Rowhome Coffee, Vientiane Bistro, Philadelphia Brewing Co., El Cantinflas, Little Walters, OG Pizza, Quick Stop, and more! With easy access to Center City via the York-Dauphin El stop and new development all around, this is an amazing opportunity for the right buyer to take advantage of! Whether you’re looking to live in one unit and rent the other or fully rent out both for strong passive income, 2428 Jasper delivers. Schedule your showing and see yourself here today!
#PAPH2481376

PHILADELPHIA

2428 JASPER STREET

5 Beds

None Baths

2,140 Sq.Ft.

$665,000

MLS#: PAPH2481376

Investor & House Hacker Alert! Rare opportunity to acquire a Drexel-area duplex featuring two units on an 18' x 100' lot: one 3BR and one 2BR—a total of 5 fully renovated units. Each unit is separately metered for electric and equipped with central air. Outdoor living space adds appeal for tenants or owner-occupants.Projected rents:3BR unit: $3,500/month ,2BR unit: $2,250/month.Located just a 12-minute walk to key attractions and amenities: Hagerty Library, Drexel Recreation Center, Summit Urban Eatery, 30th Street Station, and the Philadelphia Art Museum.Perfect for rental income,student housing, or live-in landlord setups.Special financing options available—contact the listing agent today.
#PAPH2482122

PHILADELPHIA

424 N 32ND STREET

5 Beds

None Baths

3,772 Sq.Ft.

$773,900

MLS#: PAPH2482122

Rare Triplex just blocks from the center of Temple University. This building features a great bed bathroom mix consisting of a 4 bed 3 bath unit, a 3 bed 2 bath unit and a 2 bed 1 bath unit. Still under tax a basement for a couple years this property is rented for over $5500 a month. This will not last long, call today to schedule a tour.
#PAPH2480470

PHILADELPHIA

1625 FONTAIN STREET

8 Beds

None Baths

2,613 Sq.Ft.

$550,000

MLS#: PAPH2480470

Discover the potential of this mixed-use commercial property located in the heart of Philadelphia’s Germantown corridor. This recently updated building offers a unique blend of modernized residential and commercial spaces, making it a perfect opportunity for investors or owner-occupants. The property features bright and spacious interiors with recessed lighting, fresh paint, and durable wood-like flooring throughout. The kitchens are outfitted with sleek cabinetry, granite countertops, and stylish backsplash tiles, while the bathrooms have been upgraded with modern fixtures and tasteful finishes. Upstairs, the residential units are generously sized, with large windows allowing for plenty of natural light. Outdoor enthusiasts will appreciate the private deck overlooking the neighborhood, offering a peaceful retreat. The ground floor provides a flexible commercial space, ideal for a variety of business uses, with ample room for storage or workspace. Situated along the bustling Germantown Avenue, this property enjoys high visibility and convenient access to public transportation, local shops, restaurants, and other amenities. Whether you're looking to expand your portfolio or establish your business, this property presents an incredible opportunity in a prime location. Schedule your showing today and envision the possibilities.
#PAPH2427760

PHILADELPHIA

2808 GERMANTOWN AVENUE

3 Beds

None Baths

2,361 Sq.Ft.

$600,000

MLS#: PAPH2427760

Introducing 2255 n Delhi St, a newly constructed property in Philadelphia's 19133 zip code with a 10 year tax abatement! This triplex boasts 2 2-bedroom units and 1 spacious 3-bedroom unit, each featuring modern amenities like washers and dryers, dishwashers, and garbage disposals. The units also showcase large marble countertops, offering tenants a touch of luxury. With a current rent of $5,189, there is room to increase to a market rent of $5,600, making this an attractive investment opportunity. The property provides consistent income, with tenants already in place, offering ease of ownership. Valued at $775,000, the property offers a cap rate of 6.63% and an annual net income of $51,372. Located near Temple University, 2255 n Delhi St benefits from the university's vibrant environment, attracting students and faculty as potential tenants. This thriving neighborhood presents an excellent investment opportunity for those looking to capitalize on the university's influence and the area's growth potential. Unit 1: $1680 exp 12/31/2026 (Section 8 100% guaranteed by GOV) (market rent $2100) Unit 2: $1700 projected rent (Section 8 process has started) Unit 3: $1800 exp 1/31/2026 (PHMC lease 100% guaranteed by GOV)
#PAPH2478520

PHILADELPHIA

2255 N DELHI STREET

7 Beds

None Baths

3,500 Sq.Ft.

$775,000

MLS#: PAPH2478520

Recently constructed (2017) Multiple Unit Building . This FRANCISVILLE property is close to North Broad Street, Community College of Philadelphia, Temple University, Kelly Drive, The Art Museum and much more. This is a great investment opportunity in an area that generates excellent rent. Building is in shell condition and needs to be finished. This building provides great views to Center City Philadelphia and will be an absolute gem when completed! Bring your contractors and get your estimates, once this building is finished it will be worth way more. Do not let this opportunity slip away as it is rare to get a property like this to hit the market in this area and when they do they are gone fast! This property is easy to show! When finished this building will be worth so much more; agents check the comps. Call listing agent with any questions. Make an appointment to see this building today and bring or send your contractors for finishing estimates. Photos are older photos. There is active work being done on the interior of the building. ALL OFFERS WILL BE PRESENTED!!
#PAPH2476264

PHILADELPHIA

1531 NORTH STREET

3 Beds

None Baths

3,000 Sq.Ft.

$750,000

MLS#: PAPH2476264

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here