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Kelly & Carl Robinson

info@carellyrealty.com +1(973) 500-3253

Listed by Steven Onesti • KW Empower

$ 425,000

Est. payment | -/mo

2,805 SqFt

Save

$ 425,000

Est. payment | -/mo

Save

2,805 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,805 sqft

Price per Sqft $151

Subdivision Nicetown-Tioga

MLS Listing ID PAPH2604270

Style Other

Abv Grd Liv Area 2,805

Year Built 1940

Annual Tax Amount $3,274

Tax Year 2025

Lot Size 4,206 Sqft

Acres 0.1

Lot Dimensions 37.00 x 114.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA3

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 2805

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 112199700

Ownership Fee Simple

SqFt Source 2805

Special Listing Condition Standard

Nearby Locations

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+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

3527 N 16TH ST Philadelphia, PA 19140