3535 N 16th St, Philadelphia, PA, 19140

USD 652,500
For Sale

Property Details

Bedrooms

6

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 0 • Square Feet: 2940 • Lot/Size: 1,880 sqft lot

Description: This triplex comes with 9 years left of the full tax abatements; the abatement was never applied when the building was originally bought. The taxes are $1,875 a year and the abatement will run for ten years. The seller’s expediter worked with the city to apply the abatement last year which will run for the next nine years. Investment Special for 6 units, with the purchase of both buildings, and from a benefit of 7% cap rate. Welcome to 3535 N. 16th St. , a high-demand rental property in the thriving North Broad Corridor, just steps from Temple University Hospital. This fully leased multifamily building features three spacious units (each with 2 beds and 2 baths), totaling six beds,

Location

Address

3535 N 16th St, Philadelphia, PA, 19140

City

Philadelphia

Features and Finishes

Year Built: 2017; [object Object]; [object Object]

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