$275,000

Property Description

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 ($275,000 for 3525 and $400,000 for 3527) or together ($675,000), 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. 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 use is currently non-conforming. Buyer shall assume full responsibility for obtaining any required use registration, licensing, and certifications.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Apr 5, 2026

Price per Sq Ft

$98/sqft

ZIP Code

19140

Heating

Forced Air

Cooling

Window Unit(S)

Construction

Masonry

Property Tax (2026)

$3,274/yr

Assessed Value

$233,900

Last Sold

$102,000 · Jun 21, 2007

Neighborhood

Tioga

County

Philadelphia

School District

The School District of Philadelphia

Features & Amenities

Location

Lat 40.00736 · Lng -75.15470