About 1706 N 16th St
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. 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
Features of 1706 N 16th St
| MLS® # | PAPH2665158 |
|---|---|
| Price | $615,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,670 |
| Acres | 0.04 |
| Year Built | 1915 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 1706 N 16th St |
|---|---|
| Area | 19121 |
| Subdivision | TEMPLE UNIVERSITY |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19121 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric, Forced Air |
|---|---|
| Cooling | Central A/C, Window Unit(s) |
Exterior
| Exterior | Brick, Brick Front |
|---|---|
| Construction | Brick, Brick Front |
Additional Information
| Date Listed | August 31st, 2026 |
|---|---|
| Days on Market | 23 |
| Zoning | RM1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BHHS Fox & Roach-Center City Walnut |
|---|---|
| Contact Info | (215) 627-6005 |