2500 N 16Th Street, Philadelphia, PA 19132-3906 $585,000

# of Units: 3
Interior Sq. Ft: 2,720
Acreage: 0.02
Age:110 years
Taxes: $2,049
MLS#: PAPH2439036
Design/Type:
Detached

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!

Taxes: $2,049
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Forced Air Heating, Electric, None, None, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Exterior
Block Foundation, Masonry

Contact Information

Listing Courtesy of: HomeZu by Simple Choice , (855) 885-4663, support@simplechoicerealty.com

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Listing data as of 3/16/2025.