1706 N 16th St

Philadelphia, PA 19121
  • $584,900

    Price
  • 2,670

    SqFt
  • 0.04

    Acre

About the Listing 61039 - 3359104

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

Listing Highlights for 1706 N 16th St

Status Active
Days on Site 46
Property Type Commercial Sale
MLS ® PAPH2665158
Year Built 1915
Total Square Footage 2,670
Lot/Acreage 0.04

Interior Details

  • Appliances:
  • Air Cond: Central A/C,Window Unit(s)
  • Heating: Baseboard - Electric,Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Zoning: RM1
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $4,830
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

1706 N 16th St Philadelphia, PA 19121

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: BRIGHT_MAIN

Agent profile image in chat bubble
Agent profile image in chat header

Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

Agent profile image in message

or another way