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1854 N 16TH STREET

PHILADELPHIA, PA 19121

MLS#: PAPH2641992

$845,357

Status: Active
Listing number: PAPH2641992
Listing provided by: Keller Williams Realty Devon-Wayne
Listing agent phone: None
Last update: 2 days ago
New on site 2 days ago
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Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

3,357

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 $71,700 in annual gross rental income, with leases already in place that will increase annual gross rental income to $78,900 beginning August 2026—representing an impressive 10% increase in rental income. 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)
Unit 2: 3 bed / 2 bath (First Floor)
Unit 3: 3 bed / 2 bath (Second Floor)
Unit 4: 3 bed / 2 bath (Third Floor) 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: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3357.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1742.0

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $845,357

  • Tax Amount

    $8,362

  • Sq. Footage

    3, 357

  • Price/SqFt

    $251

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Tax Lot

    294

  • Water Source

    Public

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Listing Courtesy of Danielle Redenbaugh , Keller Williams Realty Devon-Wayne

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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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 $71,700 in annual gross rental income, with leases already in place that will increase annual gross rental income to $78,900 beginning August 2026—representing an impressive 10% increase in rental income. 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)
Unit 2: 3 bed / 2 bath (First Floor)
Unit 3: 3 bed / 2 bath (Second Floor)
Unit 4: 3 bed / 2 bath (Third Floor) 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: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518

1854 N 16TH STREET

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