3527 N 16TH STREET
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For Sale

3527 N 16TH STREET

3527 N 16TH STREET, PHILADELPHIA, PA 19140

$400,000
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.

Studio

2,805 Sq.Ft. LIVING AREA

4,206 Sq.Ft. lot

Steven Onesti

Steven Onesti

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area2,805 Sq.Ft.
  • Total Area2,805 Sq.Ft.
  • Lot Area4,206 Sq.Ft.
  • MLS® IDPAPH2604270
  • TypeMulti-Family
  • YEAR BUILT1940
  • Architecture StylesOther
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • water SourcePublic
  • PoolNo Pool
  • parkingDriveway
  • HEAT TYPEForced Air
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer
  • SubstructureStone
  • Disability FeaturesNone

Financial

  • Sales Price$400,000
  • Real Estate Tax $3,274/yr
  • Zoning RSA3
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 3527 N 16TH STREET, PHILADELPHIA, PA 19140. We are reviewing your request and will be in touch shortly!

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