2538 N 16th St Philadelphia, PA 19132
North Philadelphia West NeighborhoodEstimated payment $1,784/month
Total Views
202,534
5
Beds
3
Baths
1,590
Sq Ft
$181
Price per Sq Ft
Highlights
- Hot Property
- No HOA
- Laundry Room
- Traditional Architecture
- Living Room
- Forced Air Heating System
About This Home
Investment Property with Strong Cash Flow
Fully rehabbed 5-bedroom, 3-bath property is a prime investment opportunity. With a long-term tenant in place paying $3307.50/month, and a scheduled 5% rent increase on July 1st, 2025 (and annual 5% increases thereafter). This property offers excellent income stability and growth potential.
The home features modern renovations throughout, including updated kitchens and bathrooms, new flooring, and upgraded systems—ideal for investors seeking a low-maintenance, high-yield asset. This is a rare chance to acquire a cash-flowing property.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,556
Year Built
- Built in 1915
Lot Details
- 990 Sq Ft Lot
- Lot Dimensions are 15.00 x 66.00
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Foundation
- Masonry
Interior Spaces
- 1,590 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Laundry Room
- Basement
Bedrooms and Bathrooms
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 129
- Assessor Parcel Number 161086000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $966 | $182,600 | $36,520 | $146,080 |
| 2024 | $966 | $182,600 | $36,520 | $146,080 |
| 2023 | $966 | $69,000 | $13,800 | $55,200 |
| 2022 | $542 | $69,000 | $13,800 | $55,200 |
| 2021 | $542 | $0 | $0 | $0 |
| 2020 | $542 | $0 | $0 | $0 |
| 2019 | $525 | $0 | $0 | $0 |
| 2018 | $326 | $0 | $0 | $0 |
| 2017 | $326 | $0 | $0 | $0 |
| 2016 | $326 | $0 | $0 | $0 |
| 2015 | $374 | $0 | $0 | $0 |
| 2014 | -- | $27,900 | $3,465 | $24,435 |
| 2012 | -- | $2,432 | $271 | $2,161 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | For Sale | $287,000 | -- | $181 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | $35,000 | Olde City Abstract Inc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,000 | New Conventional |
Source: Public Records
About the Listing Agent
Anthony J's Other Listings
Source: Bright MLS
MLS Number: PAPH2505962
APN: 161086000
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