PA > Philadelphia
Philadelphia, PA 19141,5651 N 16TH ST
Philadelphia, PA 19141,5651 N 16TH ST
Philadelphia, PA 19141,5651 N 16TH ST
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Listed by Vardgas Oganisean • Market Force Realty
$249,900
Est. payment /mo
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2,000 SqFt
New

5651 N 16TH ST Philadelphia, PA 19141

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $124

MLS Listing ID PAPH2525778

Style Colonial

Abv Grd Liv Area 2,000

Year Built 1925

Annual Tax Amount $4,337

Tax Year 2025

Lot Size 4,186 Sqft

Acres 0.1

Lot Dimensions 46.00 x 91.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Turnkey Duplex – Fully Occupied with Section 8 Tenants + Basement Studio Potential | $2,300 Gross Monthly Income

Excellent cash-flowing investment! This fully occupied legal multifamily duplex features two income-producing units with guaranteed Section 8 rental payments, offering immediate and stable returns. Plus, half of the basement presents a great opportunity to add a third unit - studio apartment which will maximize your ROI.

Property Overview:
Total Gross Monthly Income: $2,300

Section 8 Approved – Reliable, on-time payments

Well-Maintained Building

Separate Entrances for Each Unit

Basement with Studio Conversion Potential

Unit Breakdown:
1st Floor Unit:

2 Bedrooms, 1 Bathroom

Spacious living area and eat-in kitchen

Well-maintained with stable tenant in place

2nd Floor (3FL including) Unit:

4 Bedrooms, 1 Bathroom

Ideal for larger families

Bright, open layout with generous space and solid rental history

A lot of parking space around the property!

This property is perfect for both seasoned and first-time investors seeking reliable cash flow with value-add potential. Reach out today to schedule a showing or request a full rent roll and expense sheet.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA5

Interior

Hot Water Electric

Heating Hot Water

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 172125300

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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5651 N 16TH ST

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