1706 N 16TH ST Philadelphia, PA 19121
1,837 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2665158
Year Built 1915
Annual Tax Amount $4,830
Tax Year 2026
Lot Size 1,837 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881146627
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION