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2500 N 16th Street

Philadelphia, PA 19132

– beds
– baths
2,720 sqft
1,056 sqft lot
$215 per sqft
1915 build

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!

Listing courtesy of BRIGHT / HomeZu by Simple Choice

Last checked: Checking… • Last updated Jan 27, 2025 •

MLS# PAPH2439036 —

The Building

Year Built:

1915
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

3
Structure Type:

Detached
Architectural Style:

Other
Accessibility Features:

None
Foundation Details:

Block
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2720

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2720
Living Area SqFt:

2,720 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Negotiable

Location

Directions:

Head north on Broad St ,Turn left onto W Cumberland St, Turn right onto N 16th St
Cross Street:

16th
Latitude:

39.99139404
Longitude:

-75.15866089

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Assessor
Lot Size Dimensions:

16.00 x 66.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,056 Sqft
Zoning:

CMX2
Road Frontage Length:

16
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Y50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871521410
Tax Year:

2024
Tax Lot:

64
Tax Annual Amount:

$2,049
Tax Assessed Value:

$149,900
Year Assessed:

2025
School Tax:

1147.0
City/Town Tax:

901.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/27/25 Jan 27, 2025	Listed / Active	BRIGHT	$585,000

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This multifamily located in Lower North, Philadelphia, PA 19132 is currently for sale for $585,000. 2500 N 16th Street is a 2,720 square foot multifamily with – beds and – baths. 2500 N 16th Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 53, making it somewhat walkable. This multifamily is in the attendance area of Mastery Charter School At Gratz and Tanner Duckrey School.

Listing Courtesy of: BRIGHT and HomeZu by Simple Choice.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.