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2500 N 16th St
For Sale $585,000 ($215.07 per Sq Ft)
$585,000 ($215.07 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,720 Sq Ft
- 1,056 Sq Ft
Description
Welcome to 2500 N 16th St, Philadelphia, PA 19132—a 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 Don’t miss this opportunity to secure your spot in Philadelphia’s 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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $585,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,720 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871521410 |
| MLS # | PAPH2439036 |
| Property ID | 321221739 |
| Lot Sqft | 1,056 |
| Zoning | CMX2 |
| Total Units | 3 |
| Days on Market | 33 |
| Original List Price | Unknown |
| Date Updated | January 27, 2025 |
| Date Created | January 26, 2025 |
Listing Provided By
Christopher J Carr an agent of . Lic #RM420776
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Data last updated: February 28, 2025.
Robert Crawford
REAL ESTATE AGENT