913 N 16th Street, Philadelphia, PA 19130 | MLS PAPH2321054 | Listing Information | Vylla Home
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FOR SALE
$1,250,000

913 N 16th Street
Philadelphia, PA 19130

Fourplex, Multi-Family
Residential
4
Beds
4,608
Sq. Ft.
0.05
Acre Lot
Courtesy: Canaan Realty Investment Group
Vylla Home> Pennsylvania> Philadelphia> 19130
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.
PAPH2321054
Residential - Fourplex, Multi-Family, Other
4
1915
PHILADELPHIA
0.05 Acres
Public
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
Courtesy: Canaan Realty Investment Group
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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