PHILADELPHIA, PA 19121
$539,000
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
Questions on 1708 N 16TH ST, PHILADELPHIA, PA 19121, or want to see it in person?
Listed by Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut