1844 N 16TH STREET

PHILADELPHIA, PA 19121
Square Ft.
2,784
$399,900
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. Offering a nearly 9% cap rate. This propertyRead MoreRead Less
Courtesy of Michael Coleman, Keller Williams Realty Devon-Wayne. 610-647-8300.
Listing Snapshot
Days Online
13
Last Updated
Property Type
Commercial
Square Ft.
2,784
Lot Size
0.03 Acres
Year Built
1915
MLS Number
PAPH2637534
Property Location Map
Additional Details
Building
Built in 1915, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Heating
Forced Air
Income
Gross Income: $50,400, Net Operating Income: $35,280
Lot
0.03 acres
Sewer
Private Sewer
Taxes
Annual Amount: $6,245, Lot: 297, Year: 2026, Zoning: RM1
Utilities
Water Source: Public
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Jeffrey Ferrell
REALTOR®
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