1854 N 16TH STREET
Property Description
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 $78,900 beginning August 2026representing an impressive 10% increase in rental income from last leasing cycle. 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) / $1100 Monthly Rent'Unit 2: 3 bed / 2 bath (First Floor) / $1650 Monthly Rent'Unit 3: 3 bed / 2 bath (Second Floor) / $1875 Monthly Rent'Unit 4: 3 bed / 2 bath (Third Floor) / $1950 Monthly RentLocated 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: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Broker Details
Berkshire Hathaway HomeServices Fox & Roach, Realtors (610) 647-8300
MLS ID: 6644632 State License Number: RS371661
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $724,999 |
| Year Built: | 1915 |
| Lot Size: | 3,357.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FOXROACH-PAPH2665192
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