3527 N 16th Street, PHILADELPHIA, PA 19140 (MLS # PAPH2604270)

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PRICE $450,000 dsIDX morgage calculator
BEDS 1
BATHS 0
HOME SIZE 2,805 sqft
LOT SIZE 4,356 sqft

3525 and 3527 North 16th Street. 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 or together, 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; however, they are non-conforming and not presently legally registered for their current use. 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 BUILDINGS ARE CURRENTLY NOT LEGALLY REGISTERED FOR THE CURRENT MULTI-FAMILY USE. Buyer shall assume full responsibility for obtaining any required use registration, licensing, and certifications.

DAYS ON MARKET 1 LAST UPDATED 4/6/2026
TRACT NICETOWN-TIOGA YEAR BUILT 1940
COMMUNITY 19140 (19140) COUNTY PHILADELPHIA
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District THE SCHOOL DISTRICT OF PHILADELPHIA


ADDITIONAL DETAILS
AIR Electric, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA 19140 (19140)
BASEMENT Unfinished, Yes
HEAT Forced Air, Natural Gas
LOT 4356 sq ft
LOT DIMENSIONS 37.00 x 114.00
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STYLE Other
SUBDIVISION NICETOWN-TIOGA
TAXES 3274
WATER Public
MORTGAGE CALCULATOR
   

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