3728 N 16TH ST Philadelphia, PA 19140

Building Details

Year Built

1940

Listing Agency The Oceanside Realty Team

Listed by Or Aharon · License #PARS354310

Source Crexi

Added: Apr 29 Checked: Jul 19 at 9:50 am

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Investment Insights

Based on property information with market context.

Located in North Philadelphia, the property at 3728 N 16th St, Philadelphia, PA 19140, presents an investment opportunity. The building is configured as a four-unit structure, though legally zoned as a triplex. Prospective buyers are responsible for verifying use and zoning regulations. The unit mix includes two studio units, one 1-bedroom unit, and one 3-bedroom unit. Pro forma rents are estimated at $800 each for the studio units, $1,100 for the 1-bedroom unit, and $1,450 for the 3-bedroom unit. A coin-operated washer and dryer are located in the building, offering additional income potential. The property is conveniently located near public transportation, schools, and local amenities. The property is being sold as-is with current leases in place, and the buyer is responsible for U&O. The property size is 2183 square feet.

Key Highlights

• Investment opportunity in North Philadelphia with potential for rental income.
• Configured as a 4‑unit building with a mix of studio, 1‑bedroom, and 3‑bedroom units.
• Pro forma rents estimated at $800 (studio), $1,100 (1‑bedroom), and $1,450 (3‑bedroom).

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FAQs

What type of property is this?

Quadplex - Four-unit building in North Philadelphia near transportation and amenities.

Where is this quadplex located?

The property is located at 3728 N 16TH ST Philadelphia, PA.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Investment opportunity in North Philadelphia with potential for rental income.; Configured as a 4‑unit building with a mix of studio, 1‑bedroom, and 3‑bedroom units.; Pro forma rents estimated at $800 (studio), $1,100 (1‑bedroom), and $1,450 (3‑bedroom).