About This Home
This 0-bedroom, 0-bathroom other at 1854 N 16TH Street in Philadelphia, PA is listed for $845,357. Built in 1915, on a 0.03 acres lot.
Key Features
- Built in 1915
- 0.03 acre lot
Property Details
Amenities
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 (Firs
t 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
Monthly Cost Estimate
$4,521/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1854 N 16TH Street
Philadelphia, PA 19121
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 1854 N 16TH Street is listed at $845,357. The estimated monthly payment is $4,522 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 0.03 acre lot.
This property is listed by Danielle Redenbaugh and can be reached at 2676143971.




