For Sale Multi-Family MLS# PAPH2665158

1706 N 16TH ST

PHILADELPHIA, PA 19121

$615,000

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About 1706 N 16TH ST

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

Property details

Property

Type
Five or more units
MLS type
Multi Family Home
Status
Active
Year built
1915
Lot
0.04
Original price
$615,000
MLS #
PAPH2665158

Interior

Features
Central A/C, Window Unit(s), true, Baseboard - Electric, Forced Air, Electric
Heating
true, Baseboard - Electric, Forced Air
Cooling
Central A/C, Window Unit(s)

Exterior & lot

Construction
Brick, Brick Front
Lot
RM1, 881146627

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$4,830
Tax year
2026
Parcel
881146627

Location

Subdivision
TEMPLE UNIVERSITY
Area
19121 (19121)
County
PHILADELPHIA-PA
Neighborhood
North Central
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
GPS

Location

Neighborhood
North Central
Subdivision
TEMPLE UNIVERSITY
School district
Philadelphia City School District

Ask about this property

Questions on 1706 N 16TH ST, PHILADELPHIA, PA 19121, or want to see it in person?

Listed by Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.