The Oceanside Realty Team
Listed by The Oceanside Realty Team
$299,000
3728 N 16TH ST PHILADELPHIA PA 19140-3630
Details
APN 131179500
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,183
Units 4
Cap Rate 14.16%
NOI $42,330
Occupancy 90%
Tenancy Multi
Rent Bumps No
Class C
Year Built 1940
Stories 3
Lot Size (SqFt) 1,601
Investment Type Stabilized
Legal Triplex | 4 Units | Value-Add Opportunity
Marketing description
3728 N 16th St, Philadelphia, PA 19140
Investment opportunity in North Philadelphia. Property is configured as a 4-unit building but legally zoned as a triplex. Buyer responsible for verifying use and zoning.
Unit mix includes two studio units, one 1-bedroom unit, and one 3-bedroom unit. in place rents:
Studio units – $800 each, 1-bedroom – $1,100, and 3-bedroom – $1,450.
Coin-operated washer and dryer located in the building, offering additional income potential.
Conveniently located near public transportation, schools, and local amenities.
Property is being sold as-is with current leases in place. Buyer responsible for U&O.
Listing Contacts
The Oceanside Realty Team
Listed by The Oceanside Realty Team
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,330.00
$3,527.50/mo
Valuation Metrics
0
DSCR
14.16%
Cap Rate
14.16%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Is there information that looks off?
