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3527 N 16th St, Philadelphia, PA, 19140

1beds
9baths
2,805sqft
$450,000
$160price/sqft
$3,563/moest. monthly cost
$142,520/yrincome needed

About This Home

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. 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.

Getting Around

87
WalkingVery Walkable
80
TransitExcellent Transit
54
BikeBikeable

Schools

3/10
1/10
Dobbins Avt High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Stone
  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 9

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 2,805
  • Total interior livable area: 2,805 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 112199700
  • Zoning: RSA3
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 4,206 sqft
  • Lot size dimensions: 37.00 x 114.00

Parking

  • Total spaces: 1
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1