2532 N 16TH STREET, Philadelphia, PA 19132

$85,000 Asking Price

5 beds
2 baths
1,590  sqft
Built in 1915

This property presents a fantastic investment opportunity awaiting a new owner to transform it into a lucrative venture. Currently configured as a two-unit property, with the right permits, it can effortlessly be converted into an income-generating duplex. Alternatively, it can be reverted to a single-family home. The potential for this property is limitless—bring your vision and creativity to start generating income quickly!


Features & Amenities

Interior

Rooms:
Other
Basement:
Unfinished
A/C:
None
Heating:
None
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Straight Thru

Construction

General:
Masonry, 2, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RSA5, 161085700
Current Use:
O30

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
RE/MAX Properties - Newtown, Yeisson Rafael Tena-Figuereo

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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