2128 N 16TH Street
2128 N 16TH Street Philadelphia, Pennsylvania 19121 United States

$500,000
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Keller Williams Philly

Listing Courtesy of Keller Williams Philly
2,178 Sq Ft.
Interior
.03 Acres
Exterior
Multi Family
Property type
1915
Year Built
PAPH2038556
Web Id
PAPH2038556
MLS ID
Philadelphia City
School District
14
days ago

About 2128 N 16TH Street

Welcome to 2128 N. 16th st., This property is being sold as a 3 property, 9-unit package for $1,560,000. The three properties are 2217 N Park Ave, 2252 N Park Ave, and 2128 N 16th. All three properties are located within the highly desirable Temple University submarket. Each property is a triplex consisting of 3 (3 beds 1 bath). The total unit count is 9 units with 27 beds. The rents are all provided in attached PDFs with an overview, value add, financing, and amortization schedule. Current rents are 25% below market value allowing the new owner to increase rents for the 2022-2023 school year which will yield immediate returns. The average unit rent can be increased to $1400. This package is perfect for a seasoned investor looking to add value to their portfolio, grow their Temple University footprint, and or for a new investor looking to get into student housing.

Listing Courtesy of Keller Williams Philly

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

features

cooling
Electric
Style
Traditional

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Forced Air
Sewer
Public Sewer
Style
Traditional

EXTERIOR

Roofing
Unknown

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Keller Williams Philly

Keller Williams Philly

Listing Courtesy of Keller Williams Philly
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