2213 N 16TH ST Philadelphia, PA 19132
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $155
Subdivision Philadelphia (North)
MLS Listing ID PAPH2457252
Style Other
Abv Grd Liv Area 1,964
Originating Board BRIGHT
Year Built 1937
Available Date 2025-03-16
Annual Tax Amount $3,843
Tax Year 2025
Lot Size 1,034 Sqft
Acres 0.02
Property Sub-Type Interior Row/Townhouse
Property Description
Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132—a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market. Its convenient location near shopping and mass transit makes it highly attractive to tenants, particularly students and professionals seeking easy access to the university and city amenities.
Unit 1 features two bedrooms and one bathroom, providing comfortable living spaces. Tenants in Unit 1 have exclusive access to a backyard area, which is perfect for barbecues and outdoor gatherings. This unit is currently rented at $1,150 per month, with the lease extending until January 31st, 2026.
Unit 2 consists of three bedrooms and 3.5 bathrooms and was fully updated two years ago. It features hardwood floors, modern kitchens equipped with stainless steel appliances, and updated bathrooms. The open layout and high-end finishes provide a comfortable and stylish living environment. This unit is currently rented at $1,500 per month, with the lease expiring on September 30th, 2025. The basement includes a two-year-old sump pump.
Both units are currently rented below market value, presenting a significant opportunity for increased returns. There is definite room to increase the rents and create additional cash flow, making this an ideal opportunity for a savvy investor.
This well-maintained duplex benefits from a strong rental history, offering consistent income potential. Its close proximity to Temple University and public transportation enhances its rental appeal, making it an ideal option for students, university staff, and working professionals.
Don't miss out on this excellent investment opportunity—schedule a showing today!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RESI
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood
Inclusions Refrigerator, Stove,
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 161065900
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, FHA, FHA 203(b), FHA 203(k), Cash, VA
Listing Terms Conventional, FHA, FHA 203(b), FHA 203(k), Cash, VA
Financing Conventional,FHA,FHA 203(b),FHA 203(k),Cash,VA
Special Listing Condition Standard
