3525 N 16th St, Philadelphia, PA 19140
Local realty services provided by:Pagoda Realty ERA Powered
3525 N 16th St,Philadelphia, PA 19140
$275,000
- 6 Beds
- - Baths
- 2,805 sq. ft.
- Multi-family
- Active
Listed by: steven onesti
Office: kw empower
MLS#:PAPH2604234
Source:BRIGHTMLS
Price summary
- Price:$275,000
- Price per sq. ft.:$98.04
About this home
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 ($275,000 for 3525 and $400,000 for 3527) or together ($675,000), 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....
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Home facts
- Year built:1940
- Subdivision & Development:NICETOWN-TIOGA
- Listing ID #:PAPH2604234
- Added:194 day(s) ago
- Updated:October 18, 2026 at 01:52 PM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,805 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1940
- Building area:2,805 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$98.04
- Tax amount:$3,274 (2025)
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