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1706 N 16th St , Philadelphia, PA 19121
$584,900
Est. Payment: $3,159.73/mo
2670 Sqft
0.04 Acres
Status: active | Days on site: 63
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61039 - 3359104
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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
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Highlights

Listed by Danielle Redenbaugh , 2676143971 BHHS Fox & Roach-Center City Walnut , 2156276005. Bright MLS

Property Type

Commercial Sale
Lot/Acreage
0.04

Year Built

1915

County

Philadelphia

Area

19121 (19121)

 Neighborhood

Temple University

 School District

The School District Of Philadelphia

Listing ID

PAPH2665158

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Interior Features

Air Cond:Central A/C,Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RM1
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,160
Taxes
$403

Home Price

$584,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$116,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,159.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,159.73 $402.50 $0.00 $3,562.23
Yearly $37,916.77 $4,830.00 $0.00 $42,746.77
Total $1,137,503.17 $144,900.00 $0.00 $1,282,403.17
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS