For Sale

Listed by Martin Rodriguez

Source: Bright MLS #PAPH2595796

3535 N 16th St, Philadelphia, PA, 19140

$649,950

6
3920 sq. ft.
1880 sq. ft.

Duplex

30+ days on the market

What's around 3535 N 16th St

About this property

This triplex comes with 9 years left of the full tax abatements; the abatement was never applied when the building was originally bought. The taxes are $1,875 a year and the abatement will run for ten years. The seller’s expediter worked with the city to apply the abatement last year which will run for the next nine years. Investment Special for 6 units, with the purchase of both buildings, and from a benefit of 7% cap rate. Welcome to 3535 N. 16th St., a high-demand rental property in the thriving North Broad Corridor, just steps from Temple University Hospital. This fully leased multifamily building features three spacious units (each with 2 beds and 2 baths), totaling six beds, with lower-level units offering full basements for added rental potential. Built in 2017 using efficient modular construction, this energy-efficient property boasts modern interiors, high ceilings, and contemporary appliances. Dedicated management and leasing ensure hassle-free ownership, while a remaining tax abatement keeps operating expenses low. Situated in a Qualified Opportunity Zone, this investment benefits from strong rental appreciation and a waitlist of tenants fueled by 5,500+ skilled TU Hospital professionals. Conveniently located 5 minutes from the SEPTA Broad St. subway, providing direct access to Center City, and near major redevelopments, including North Philadelphia Station, Uptown Theater, and Beury Building. This high-growth investment opportunity is available immediately—a rare find in one of Philadelphia’s most exciting markets. **PACKAGE NOTES: - 2 turnkey rental properties that are giving you the chance to bundle and maximize your investment. - Each property is fully occupied by good-standing tenants. - Owner can provide rent receipts, etc. **PACKAGE DEAL: *3535 N. 16th St. List Price: $649,950 Rental: $1,400 per unit (3 units), *3537 N. 16th St. List Price: $649,950 Rental: $1,400 per unit (3 units)

Looking for more information on 3535 N 16th St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

Under Contract
$140,000
4509 North 20th Street
Philadelphia PA 19140
6
Duplex
Listing courtesy of Digz.house
For Sale
$350,000
3265 North Park Avenue
Philadelphia PA 19140
6
Duplex
Listing courtesy of LPT Realty, LLC
For Sale
$169,900
3428 N 22nd St
Philadelphia PA 19140
6
Duplex
Listing courtesy of Realty Mark Cityscape-Huntingdon Valley

Other properties for sale by KW Empower

For Sale
$575,000
903 Emily Street
Philadelphia PA 19148
3
3
Townhouse
Listing courtesy of KW Empower
For Sale
$550,000
911 Emily Street
Philadelphia PA 19148
3
3
Townhouse
Listing courtesy of KW Empower
For Sale
$150,000
2658 N 27th St
Philadelphia PA 19132
3
2
Townhouse
Listing courtesy of KW Empower

Browse properties sold in nearby areas

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which KW Empower participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent