2,720 SqFt
2,720 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $215
MLS Listing ID PAPH2439036
Style Other
Abv Grd Liv Area 2,720
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $2,049
Tax Year 2024
Lot Size 1,056 Sqft
Acres 0.02
Lot Dimensions 16.00 x 66.00
Property Sub-Type Detached
Property Description
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!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871521410
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
