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1/23
$740,000 -$15,000 (-1.99%) Price Reduced
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1/23
Property Description
Calling all seasoned turnkey investors! A large fully occupied, permitted and licensed 6-unit property boasting $7910in monthly rents and 8% cap rate is now available. This property features ample street parking, front porch, side yards and rear patio on the exterior. On the interior, sprinklers, separate utilities, updated kitchens, updated bathrooms, fully functional floor plans and spacious bedrooms with tons of closet space. And finally, its conveniently located on Temple University's Medical Campus, surrounded by large capital investment and is close to all transportation including but not limited buses, subways, the Roosevelt Boulevard, 76 and 95 making your commute in and out of the city a breeze. So what are you waiting for? Hurry because this opportunity wont last!!
Full Property Details
Full Property Details for 3301-03 N 16th St
General
- Price: $740,000
- Taxes: $11,332 (2023)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2421846
- Updated: 1/19/2026
- Added to Site: 428 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Luxury Vinyl Plank, Ceramic Tile
Parking
- Parking Type: On Street
Location
- Area: 19140 (19140)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: PHILADELPHIA (NORTH)
- Driving Directions: 16th.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Concrete Perimeter
- Roof: Flat, Rubber, Shingle
- Doors: Six Panel
- Building Size: 3420
- Year Built: 1939
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,000
- Lot Size Source: Estimated
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $216.37
- Assessment Year: 2023
- School Tax: $3,109
- City/TownTax: $2,557
- City/TownTax Freq: Annually
- Tax w/Assessment: $404,800
- Tax Amount: $11,332
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Negotiable.
- Inclusions: Appliances owned by seller.
- Lot Number: 46
Listed by KW Empower, Stephen M Kennedy
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Price & Sales History for 3301-03 N 16th St
Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$740,000
-1.99%
MLS
8/09/2025
Price Reduced
$755,000
-4.43%
MLS
5/10/2025
Price Reduced
$790,000
-3.07%
MLS
11/20/2024
Listed
$815,000
8.67%
MLS
3/17/2022
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3301-03 N 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,115
—
$294,000
—
2024
$4,115
-27%
$294,000
-27%
2023
$5,666
26%
$404,800
100%
2021
$4,482
-21%
-100%
2023
$5,666
26%
$776,000
142%
2020
$4,482
3%
$320,200
3%
2019
$4,332
415%
$309,500
415%
2018
$841
—
$60,100
—
2017
$841
—
$60,100
—
2016
$841
-25%
$60,100
-28%
2015
$1,118
—
$83,400
—
2014
$1,118
-35%
$83,400
374%
2013
$1,720
—
$17,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3301-03 N 16th St
3301-03 N 16th Street, Philadelphia, PA 19140 (MLS# PAPH2421846) is a Apartment property. 3301-03 N 16th Street is currently listed for $740,000 and was received on November 20, 2024. Want to learn more about 3301-03 N 16th Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

