3535 North 16th Street

Philadelphia, PA 19140

$630,000
Price
$630,000
Price
6
Beds
6
Baths
2,940 Sq. Ft.
$214 / Sq. Ft.

Property Details

StatusActive
MLS #PAPH728370
Year Built2017
DOM37
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.04 AC / 1,742 SF
Taxes$735 / year
Condo/Co-op Fees-
HOA Fees-
CountyPhiladelphia County

Listed By

Contact Agent(s)

Property Details

Ownership
Fee Simple
Style
Straight Thru
Structure Type
Detached
Basement
Yes

Description

Fully-leased modular construction multifamily buildings on the booming North Broad Corridor at Temple University Hospital. Three units in total with 6 beds. All units are 2bd x 2ba and the lower level units include full basements which can be used for additional rental income. Modern interiors and appliances, high ceilings, and energy efficient building systems. Dedicated building management and leasing. Built in 2017 as new construction using efficient and dynamic modular construction techniques....

Listed By

Building Information

Stories-Residences3Year Built2017Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$2,600 per month

30 year fixed, 4.45% Interest

Principal and Interest

$2,539

Property Taxes

$61

HOA Dues

$0

Property Information for 3535 North 16th Street

Listing / Compensation / Market Information
    Listing Information
  • Real Estate Owned: No
  • Short Sale: No
Rental Info
    Rental Info
  • Existing Lease Type: Yearly
  • Rent Control: No
Interior / Building / Parking / Property Information
    Interior Details
  • Tax Total Finished SQFT: 2940
  • Above Grade Fin SQFT: 2940
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 2940
    Interior Features
  • Central Air: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Heating Type: Central
    Parking Information
  • Garage: No
  • Type Of Parking: None
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • MLS Area: 19140 (19140)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
    Building Information
  • Accessibility Features: None
  • Building Units Total: 3
  • Building Total SQFT: 2940
  • Construction Materials: Masonry
  • New Construction: No
  • Other Structures: Above Grade, Below Grade
    Green Information
  • Clean Green Assessed: No
    Association Information
  • HOA: No
    Unit Information
  • Two Bedroom Units Count: 3
  • Units Leased Count: 6
    Income / Expense Information
  • Net Operating Income: $43,722
  • Operating Expense: $4,278
  • Annual Rental Income: $48,000
    Property Information
  • Land Use Code: W50
  • Lot Size Dimensions: 16.00 x 117.52
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • Lot SQFT: 1880
  • Lot Size Acres: .04
  • Navigable Water: No
  • Zoning: RSA5
  • Age: 2017.0
    Utilities Information
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Basement Type: Other
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
    Bathroom Information
  • Bathrooms Full: 6
    Bedroom Information
  • Bedrooms Count: 6
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $332
  • School Tax: $403
  • Tax Annual Amount: $735
  • Tax Lot: 205
  • Tax Year: 2019
  • Tax ID Number: 112199910
  • Year Assessed: 2019
  • Land Assessed Value: $52,500
  • Tax Assessed Value: $52,500
    Sale Information
  • Cap Rate: 6.90
  • Possession: Immediate
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 3535 North 16th Street

DateEvent & SourcePriceAppreciation
Mar 19, 2019Listed (Active)

BRIGHT #PAPH728370

$630,000
Mar 12, 2019Expired

BRIGHT #PAPH505554

$575,000
Mar 12, 2019Expired

BRIGHT #PAPH505554

$575,000
DateEvent & SourcePrice
03/19/2019
Listed (Active)

BRIGHT #PAPH728370

$630,000
03/12/2019
Expired

BRIGHT #PAPH505554

$575,000
03/12/2019
Expired

BRIGHT #PAPH505554

$575,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools in Philadelphia, PA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Kenderton SchoolPublicK-80.2 mi
NR
New Hope Christian AcademyPrivatePK-110.5 mi
NR
Little Flower Catholic High SchoolPrivate9-120.7 mi
NR
St. Veronica Elementary SchoolPrivateK-80.8 mi
NR

Kenderton School

K-8, 0.2 mi, Public

NR

New Hope Christian Academy

PK-11, 0.5 mi, Private

NR

Little Flower Catholic High School

9-12, 0.7 mi, Private

NR

St. Veronica Elementary School

K-8, 0.8 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
The data relating to real estate for sale on this Virtual Office Website is provided in part, by BRIGHT through a licensing agreement. This website may reference real estate listing(s) held by a brokerage firm other than Compass. The information provided by this website is for the personal, non-commercial use of consumers with whom Compass has first established a broker-consumer relationship (as defined by applicable state law) and may not be used for any purpose other than to identify prospective properties such persons may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by BRIGHT and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © 2019 BRIGHT MLS, All Rights Reserved. All rights reserved.