3527 N 16TH ST, Philadelphia, PA 19140

• 2,805 sqft

Property Description

3525 and 3527 North 16th Street. Exceptional opportunity to acquire one or both of these side-by-side properties, currently configured as a six-unit and a nine-unit multifamily package. These properties can be purchased individually or together, offering flexibility for investors seeking scale, value-add potential, or long-term appreciation in a rapidly developing corridor. Positioned just two blocks from Temple University Hospital and surrounding educational and medical facilities, the location benefits from consistent rental demand driven by healthcare professionals, students, and workforce housing needs. The area is experiencing continued growth and reinvestment, supported by its proximity to major institutions and transportation routes. Both buildings are attached twins and are currently operating as multifamily assets with studio and one-bedroom units. This presents a compelling opportunity for an investor to pursue proper zoning, licensing, and repositioning strategies to unlock additional value. Each property offers strong fundamentals with multiple units in place, making this an ideal value-add investment with upside through stabilization, rent growth, and regulatory alignment. Whether acquired individually or as a portfolio, 3525–3527 N 16th Street represents a rare chance to secure scale and potential in a high-demand North Philadelphia submarket. The use is currently non-conforming. Buyer shall assume full responsibility for obtaining any required use registration, licensing, and certifications.

Listing Status:

Active

Data Last Updated:

May 3, 2026 at 2:18AM

Listing Office:

KW Empower : 2156273500

Listing Agent:

Steven Onesti : 2157837779

MLS ID:

PAPH2604270

Interior

• Basement: Unfinished
• A/C: Window Unit(s)
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA3112199700

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN