1706 N 16th St, Philadelphia, PA 19121
- $615,000
- List Price
- $615,000
- Days on Market
- 20
- Status
- ACTIVE
- MLS#
- PAPH2665158
- Lot Size (Acres)
- 0.04
- Year Built
- 1915
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional 5-plex offers immediate cash flow and strong long-term upside. Generating $67,800 in annual gross rental income starting August 2026, this income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of 5 spacious student housing units totaling 8 bedrooms and 8 bathrooms, offering a desirable unit mix with a 1:1 bed-to-bath ratio throughout: Unit 1: 4 bed / 4 bath — Rent $2,600 Unit 2: 1 bed / 1 bath — Rent $750 Unit 3: Studio / 1 bath — Rent $800 Unit 4: 1 bed / 1 bath — Rent $800 Unit 5: Studio / 1 bath — Rent $700 This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
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Additional Information
- Area
- 19121 (19121)
- Subdivision
- Temple University
- Taxes
- $4830
- School District
- The School District Of Philadelphia
- Heating
- Baseboard - Electric, Forced Air
- Heating Fuel
- Electric
- Cooling
- Central A/C, Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005