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| Description |
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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.
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| Room Sizes |
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| Location |
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| Driving Directions |
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W Girard ave and North 16th Street
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| Details |
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Architectural Type - Straight Thru
Garage(s) - Garage Door Opener
Basement - Fully Finished, Permanent
Exterior Features - Masonry
Cooling - Central A/C, Natural Gas
Heating - Hot Water, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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