$ 699,900
-
$699,900
Price -
0
Bed -
0
Bath -
2,670
SqFt
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About the Listing KELWLMW - 3180966,3359104
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. Currently generating $66,660 in annual gross rental income starting August 2026 gross rental income increases to $68,400. 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: Unit 1: 4 bed / 4 bath Current Rent $2600 Future Rent Starting August 1st $2600 Unit 2: 1 bed / 1 bath Current Rent $725 Future Rent Starting August 1st $750 Unit 3 Studio/ 1 bath Current Rent $775 Future Rent Starting August 1st $800 Unit 4 1 bed / 1 bath Current Rent $750 Future Rent Starting August 1st $800 Unit 5 Studio/ 1 bath Current Rent $700 Future Rent Starting August 1st $700 This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518
Listing Highlights
Status
Active
Days on Site
9
Property Type
Commercial Sale
MLS ®
PAPH2639554
Year Built
1915
Total Square Footage
2,670
Lot/Acreage
0.04
County
Philadelphia
Neighborhood
Temple University
Area
19121 (19121)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Baseboard - Electric,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- 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: $4,549
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1706 N 16th St Philadelphia, PA 19121
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