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Turnkey investment opportunity in North Philadelphia with in-place rental income. Property is configured as a 4-unit building and currently operating as such, while legally zoned as a triplex. Buyer responsible for independently verifying use and zoning. Unit mix includes two studio units, one 1-bedroom unit, and one 3-bedroom unit, creating a diverse rental mix. Income potential includes approximately $800/month for each studio, $1,100/month for the 1-bedroom unit, and $1,450/month for the 3-bedroom unit. The property also features a coin-operated washer and dryer, providing additional income opportunity. Conveniently located near public transportation, schools, shopping, and neighborhood amenities, making it attractive for tenants.

Source: BRIGHT MLS, MLS#: PAPH2614218

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  • Property Type
    Residential Income
  • Lot
    0.04 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3728 N 16TH STREET

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: BRIGHT MLS Price Reduction
$299,000 -2.0%
6/11/2026Source: BRIGHT MLS Price Reduction
$305,000 -4.7%
4/29/2026Source: BRIGHT MLS Added to Database
April 29, 2026
3/31/2025Source: BRIGHT MLS Status Change
CLOSED
1/28/2025Source: BRIGHT MLS Added to Database
January 28, 2025
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
Listing provided courtesy of Keller Williams Liberty Place- MLS# PAPH2614218MLS ProviderContact Information: [email protected] - 6093995454