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Listed by Danielle Redenbaugh • BHHS Fox & Roach-Center City Walnut
$ 539,000
Est. payment /mo
Active
1708 N 16TH ST Philadelphia, PA 19121
1,836 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Philadelphia (North)
MLS Listing ID PAPH2665168
Year Built 1915
Annual Tax Amount $6,464
Tax Year 2026
Lot Size 1,836 Sqft
Acres 0.04
Lot Dimensions 18X103
Property Sub-Type Five Or More Units
Source BRIGHT
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
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
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 471217505
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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