3535 N 16th St, PHILADELPHIA, PA 19140

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
#1#2#3
3535 N 16th St,PHILADELPHIA, PA 19140
$662,500
  • 6 Beds
  • - Baths
  • 2,940 sq. ft.
  • Multi-family
  • Active
Listed by:martin rodriguez
Office:kw empower
MLS#:PAPH2463374
Source:BRIGHTMLS

Price summary

  • Price:$662,500
  • Price per sq. ft.:$225.34

About this home

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

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2017
  • Listing Id #:PAPH2463374
  • Added:59 day(s) ago
  • Updated:August 16, 2025 at 01:27 PM

Rooms and interior

  • Bedrooms:6
  • Living area:2,940 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:2017
  • Building area:2,940 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$662,500
  • Price per sq. ft.:$225.34
  • Tax amount:$1,875 (2024)

New listings near 3535 N 16th St