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2500 N 16th St, PHILADELPHIA, PA – $585,000

  • $585k Price
  • 2,720 Sqft
  • .02 Acres
  • 161 DOM
  • $585k Price
  • 2,720 Sqft
  • .02 Acres
  • 161 DOM

2500 N 16th St

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!

Essential Information

  • MLS® #PAPH2439036
  • Price$585,000
  • Bathrooms0.00
  • Square Footage2,720
  • Acres0.02
  • Year Built1915
  • TypeMulti-Family
  • Sub-TypeTriplex, Detached
  • StyleOther
  • StatusActive

Community Information

  • Address2500 N 16th St
  • Area19132
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19132

Interior

  • HeatingForced Air
  • CoolingNone

Exterior

  • FoundationBlock

School Information

  • DistrictPHILADELPHIA CITY

Additional Information

  • Date ListedJanuary 27th, 2025
  • Days on Market161
  • ZoningCMX2

Listing Details

  • OfficeHomeZu
  • Office Contact(855) 885-4663
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Listing information last updated on July 6th, 2025 at 7:15am CDT.