2538 N 16TH ST Philadelphia, PA 19132
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,590 sqft
Price per Sqft $180
Subdivision None Available
MLS Listing ID PAPH2505962
Style Traditional
Bedrooms 5
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,590
Year Built 1915
Annual Tax Amount $2,556
Tax Year 2024
Lot Size 990 Sqft
Acres 0.02
Lot Dimensions 15.00 x 66.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Fully rehabbed 5-bedroom, 3-bath property is a prime investment opportunity. With a long-term tenant in place paying $3,300/month, and a scheduled 10% rent increase in December 2025 (with annual 10% increases thereafter), this property offers excellent income stability and growth potential.
The home features modern renovations throughout, including updated kitchens and bathrooms, new flooring, and upgraded systems—ideal for investors seeking a low-maintenance, high-yield asset. This is a rare chance to acquire a cash-flowing property.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Other Rooms Living Room, Kitchen, Laundry
Basement Other
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 161086000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
