Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    $1,875

  • Financing Options

    Cash, FHA, Conventional

  • Zoning

    FOR A MULTI-FAMILY HOUSEHOLD LIVING (THREE (3) DWELLING UNITS)

  • Sq. Footage

    5,880

  • Price/SqFt

    $204

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    YES

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    205

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Martin Rodriguez , KW Empower

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Olivia Dibert

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Investment Special for 6 units, with the purchase of both buildings, and from a benefit of 7.6% 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. This  triplex  comes with 1 year left of the full tax abatement. 

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 City, and near major redevelopments, including North Philadelphia Station, Uptown Theater, and Beury Building.

This high-growth investment opportunity is available immediately—a rare find in one of Philadelphia’s most exciting markets.

**PACKAGE NOTES:
- 2 turnkey rental properties that are giving you the chance to bundle and maximize your investment.

- Each property is fully occupied by good-standing tenants.

- Owner can provide rent receipts, etc.

**PACKAGE DEAL:
*3535 N. 16th St.
List Price: $600,000
Rental: $1,400-$1,450 per unit (3 units)

*3537 N. 16th St.
List Price: $600,000
Rental: $1,400-$1,450 per unit (3 units)

3535-3537 N 16TH STREET

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