1854 N 16th St, Philadelphia, PA 19121

$724,999
3,357
SqFt

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List Price
$724,999
Days on Market
20
Status
ACTIVE
MLS#
PAPH2665192
Living Area
3,357
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional four-unit property offers immediate cash flow with outstanding long-term upside. Currently generating $78,900 beginning August 2026—representing an impressive 10% increase in rental income from last leasing cycle. This income-producing asset is an outstanding opportunity for investors seeking stable returns, dependable cash flow, and built-in rental growth. The property consists of four spacious student housing units totaling 11 bedrooms and 7 bathrooms across four full floors of living space: Unit 1: 2 bed / 1 bath (Lower Level) / $1100 Monthly Rent
 Unit 2: 3 bed / 2 bath (First Floor) / $1650 Monthly Rent
 Unit 3: 3 bed / 2 bath (Second Floor) / $1875 Monthly Rent
 Unit 4: 3 bed / 2 bath (Third Floor) / $1950 Monthly Rent Located within the Temple University Patrol Zone and just steps from Temple University's main campus, its desirable unit mix, strong in-place cash flow, and significant scheduled rent growth position this asset for continued long-term performance and investor stability. 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

Area
19121 (19121)
Taxes
$8244
School District
Philadelphia City
Flooring
Wood
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005