2538 N 16TH ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19132
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
Investment Property with Strong Cash Flow
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