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Asking Price - $229,900
Days on Market - 81
5651 N 16th Street
Philadelphia, PA 19141
Featured Agent
EveryHome Agent
Asking Price
$229,900
Days on Market
81
# of Units
2
2 Bdrm Units
1
3 Bdrm Units
1
Acres
0.10
Interior SqFt
2,000
Age
100
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
4,337
Additional Details Below
EveryHome Agent
Views: 107
Featured Agent
EveryHome Realtor
Description
Turnkey Duplex – Fully Occupied with Section 8 Tenants + Basement Studio Potential | $2,300 Gross Monthly Incom 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
Listing Details
Summary
Architectural Type
•Colonial
Exterior Features
Exterior Features
•Masonry
Utilities
Cooling
•Ceiling Fan(s), Window Unit(s), Electric
Heating
•Hot Water, Natural Gas
Property History
Oct 4, 2025
Price Decrease
$249,900 to $229,900 (-8.00%)
Miscellaneous
Lattitude : 40.040279
Longitude : -75.147995
MLS# : PAPH2525778
Views : 107
Listing Courtesy: Vardgas Oganisean of Market Force Realty
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Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
