Investment Opportunity - Spacious Duplex Minutes from Temple University. Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132 - a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market.… Read More Its convenient location near shopping and mass transit makes it highly attractive to tenants, particularly students and professionals seeking easy access to the university and city amenities. Unit 1 features two bedrooms and one bathroom, providing comfortable living spaces. Tenants in Unit 1 have exclusive access to a backyard area, which is perfect for barbecues and outdoor gatherings. This unit is currently rented at $1,150 per month, with the lease extending until January 31st, 2026. Unit 2 consists of three bedrooms and 3.5 bathrooms and was fully updated two years ago. It features hardwood floors, modern kitchens equipped with stainless steel appliances, and updated bathrooms. The open layout and high-end finishes provide a comfortable and stylish living environment. This unit is currently rented at $1,500 per month, with the lease expiring on September 30th, 2025. The basement includes a two-year-old sump pump. Both units are currently rented below market value, presenting a significant opportunity for increased returns. There is definite room to increase the rents and create additional cash flow, making this an ideal opportunity for a savvy investor. This well-maintained duplex benefits from a strong rental history, offering consistent income potential. Its close proximity to Temple University and public transportation enhances its rental appeal, making it an ideal option for students, university staff, and working professionals. Don't miss out on this excellent investment opportunity - schedule a showing today! Read Less
Courtesy of Melissa Adams Morris, Real of Pennsylvania [email protected]
Listing Snapshot
Days Online
68
Last Updated
Property Type
Townhouse
Square Ft.
1,964
Lot Size
0.02 Acres
Year Built
1937
MLS Number
PAPH2457252
30 Days Snapshot Of 19132
$108k
0%
(avg) sold price
25
+38%
homes sold
57
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
1,964 sqft living area, Built in 1937, Structure Type: Interior Row/Townhouse, 2 units in building, 3 levels in building, Brick
Cooling
Central Air, Natural Gas, Central A/C
Exterior Features
Sidewalks
Floors
Wood
Foundation
Stone
Heating
Natural Gas, Forced Air
Lot
1,034 sqft, 0.02 acres
Property
Other Structures: Above Grade, Other Units: Unit 1, Unit 2, 1 three-bedroom unit, 1 two-bedroom unit
Roof
Flat
Sewer
Public Sewer
Taxes
Tax Annual Amount: $3,843, Tax Year: 2025
Utilities
Electric Service: 100 Amp Service, Hot Water: Natural Gas
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