1708 N 16th St, Philadelphia, PA 19121

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List Price
$539,000
Status
ACTIVE
Days on Market
31
MLS#
PAPH2665168
Subtype
Commercial Sale
Year Built
1915
Lot Size
1,836
Acres
0.04
Subdivision
Philadelphia (North)
MLS Area Major
19121 (19121)

Property Description

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional 6-plex offers immediate cash flow and strong long-term upside. Generating $62,400 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 6 spacious student housing units totaling 9 bedrooms and 8 bathrooms: Unit 1: 4 bed / 3 bath — Rent $1,275 Unit 2: Studio / 1 bath — Rent $725 Unit 3: Studio / 1 bath — Rent $800 Unit 4: 1 bed / 1 bath — Rent $800 Unit 5: Studio / 1 bath — Rent $800 Unit 6: 1 bed / 1 bath — Rent $800 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

Additional Information

Taxes
$6,464
Zoning
RM1
Heating
Central
Air Conditioning
None
School District
Philadelphia City

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Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: