Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone. 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 and PAPH2637494
Listed By
Agency Name: Keller Williams Realty Devon-Wayne
Agency Phone: 6106478300
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
Estimated Payment
$ 1,527.06 per month $890.00 Principal & Interest $520.42 Property Tax $116.64 Homeowner's Insurance
1844 N 16th Street | MLS# PAPH2637506
This townhouse located at 1844 N 16th Street , Philadelphia, PA 19121 is currently listed for sale with an asking price of $399,900. This property was built in 1915 and has 6 bedrooms and 2 full and 1 partial baths with 2784 sq. ft. N 16th Street is located in the TEMPLE UNIVERSITY subdivision within the PHILADELPHIA CITY school district. Search TEMPLE UNIVERSITY real estate on www.livelovephilly.com today.