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  • $1,200,000

    913 N 16th St, Philadelphia, PA 19130

    9beds
    --baths
    4,608sqft
    Townhouse
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Introducing a prime investment opportunity at 913 N 16th St, Philadelphia, PA 19130, a legal four-unit building with the potential to convert the garage into a fifth unit, promising an impressive income potential based on the 2023 Section 8 rent schedule with a combined monthly income of $12,000 (3BR Units at $3,408, 2BR Units at $2,820, 1BR Units at $2,353, and an estimated Garage conversion at $600). This property is fully furnished, offering a turnkey solution for immediate rental, ideal for corporate rentals or short-term stays through platforms like Furnished Finder. Its strategic location in one of Philadelphia’s vibrant neighborhoods, close to amenities, public transportation, and city attractions, makes it an appealing choice for tenants and a lucrative option for investors. With multiple income strategies, including traditional leasing and corporate rentals, this property is designed for those looking to maximize their investment with a robust return. The opportunity to add a fifth unit by converting the garage further enhances its revenue potential, making 913 N 16th St a standout investment in the Philadelphia rental market.

    Zillow last checked: 7 hours ago

    Listing updated: September 23, 2024 at 02:22pm

    Listed by:

    Blake Lam 267-221-0988,

    Canaan Realty Investment Group

    Bought with:

    Casey Lebarron, RS297125

    Keller Williams Real Estate - Newtown

    Source: Bright MLS,MLS#: PAPH2321054MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,608
    • Total interior livable area: 4,608 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Detached
    • Garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,051 sqft
    • Dimensions: 18.00 x 119.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 471210100
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
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