# 1706 N 16TH Street, Philadelphia, PA 19121

> **TL;DR:** other, $699,900, built 1915.
> A/C. Est. $3,743/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,900 |
| Year Built | 1915 |
| Lot Size | 1,742 sqft (0.04 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,539 |
| Estimated Insurance | $204 |
| **Total** | **$3,743** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1915
- 0.04 acre lot

## Description

### Agent 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. Currently generating $66,660 in annual gross rental income starting August 2026 gross rental income increases to $68,400. 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: Unit 1: 4 bed / 4 bath Current Rent $2600 Future Rent Starting August 1st $2600 Unit 2: 1 bed / 1 bath Current Rent $725 Future Rent Starting August 1st $750 Unit 3 Studio/ 1 bath Current Rent $775 Future Rent Starting August 1st $800 Unit 4 1 bed / 1 bath Current Rent $750 Future Rent Starting August 1st $800 Unit 5 Studio/ 1 bath Current Rent $700 Future Rent Starting August 1st $700 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

## Location

- **Address:** 1706 N 16TH Street, Philadelphia, PA 19121
- **County:** PHILADELPHIA
- **Neighborhood:** TEMPLE UNIVERSITY
- **Coordinates:** 39.97964, -75.16129
- **Google Maps:** https://www.google.com/maps?q=39.97964,-75.16129

## Listing Agent

- **Name:** Michael Coleman
- **Brokerage:** Keller Williams Realty Devon-Wayne
- **Phone:** 4849426266

## Primary Photo

![1706 N 16TH Street - Primary Photo](http://lh.rdcpix.com/e312be187a08492f746edc5ab2bf17b9l-f3703082006r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.ai/listing/1706-n-16th-street-philadelphia-pa-19121-h2639554)*

---

**MLS#:** PAPH2639554 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1706-n-16th-street-philadelphia-pa-19121-h2639554)

---

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  "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. Currently generating $66,660 in annual gross rental income starting August 2026 gross rental income increases to $68,400. 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",
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