$ 599,900
-
$599,900
Price -
0
Bed -
0
Bath -
2,724
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 6-plex offers immediate cash flow and strong long-term upside. Currently generating $60,000 in annual gross rental income starting August 2026 gross rental income increases to $62,400. 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 9 bedrooms and 8 bathrooms: Unit 1: 4 bed / 3 bath Current Rent $1200 Future Rent Starting August 1st $1275 Unit 2: Studio/ 1 bath Current Rent $700 Future Rent Starting August 1st $725 Unit 3 Studio/ 1 bath Current Rent $800 Future Rent Starting August 1st $800 Unit 4 1 bed / 1 bath Current Rent $775 Future Rent Starting August 1st $800 Unit 5 Studio/ 1 bath Current Rent $775 Future Rent Starting August 1st $800 Unit 6 1 bed / 1 bath Current Rent $750 Future Rent Starting August 1st $800 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
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Forced Air,Baseboard - Electric
- 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: $5,598
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1708 N 16th St Philadelphia, PA 19121
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