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1846 N 16th Street, Philadelphia, PA 19121

$439,900
  • 1846 N 16th Street, Philadelphia, PA 19121 Main Photo

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ACTIVE
BEDS8 BATHS3 full SQUARE FEET2,784 MLS#PAPH2665182
STATUSACTIVE PROPERTY TYPEResidential - Townhouse SUBDIVISIONTEMPLE UNIVERSITY SCHOOLPHILADELPHIA CITY

Property Description

Investor Alert! Go and show — Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans without waiting on an existing lease term. The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration — an opportunity made easier by the property's current vacant status. 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

1846 N 16th Street | MLS# PAPH2665182

This townhouse located at 1846 N 16th Street, Philadelphia, PA 19121 is currently listed for sale with an asking price of $439,900. This property was built in 1915 and has 8 bedrooms and 3 full baths with 2784 sq. ft. N 16th Street is located in the TEMPLE UNIVERSITY subdivision within the PHILADELPHIA CITY school district. Search TEMPLE UNIVERSITY real estate on www.duffyrealestate.com today.

Property Features

Property Type: Residential - Townhouse
Basement: Yes
Basement: Unfinished
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $5,144
Year Built: 1915

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 17
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 2784
SQFT Total Finished: 2784
Structure Type: Interior Row/Townhouse
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: BHHS Fox & Roach-Center City Walnut
Agency Phone: 2156276005

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 2,666.91 per month $2,109.94 Principal & Interest $428.67 Property Tax $128.30 Homeowner's Insurance

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