1854 N 16TH ST, Philadelphia, PA 19121
1854 N 16TH ST, Philadelphia, PA 19121
1854 N 16TH ST, Philadelphia, PA 19121
1854 N 16TH ST, Philadelphia, PA 19121
1854 N 16TH ST, Philadelphia, PA 19121
1854 N 16TH ST, Philadelphia, PA 19121
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Listed by Danielle Redenbaugh • BHHS Fox & Roach-Center City Walnut
$ 724,999
Est. payment | /mo

3,357 SqFt


Save
$ 724,999
Est. payment | /mo
Save

3,357 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,357 sqft

Price per Sqft $215

MLS Listing ID PAPH2665192

Style Traditional

Abv Grd Liv Area 3,357

Year Built 1915

Annual Tax Amount $8,244

Tax Year 2026

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 16.00 ft × 98.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Flooring Wood

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3357

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321098900

Ownership Fee Simple

SqFt Source 3357

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Edward Rogers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 231-7212

edrogers@honestrealestate.com

12320 Academy Rd, Philadelphia, Pennsylvania 19154, USA

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1854 N 16TH ST