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Canaan Realty Investment Group
Main Office:
215-333-1826
[email protected]
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Canaan Realty Investment Group
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Main Office:
215-333-1826
canaanrealty88@
yahoo.com
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FOR SALE
$1,250,000

913 N 16TH Street
Philadelphia, PA 19130

Fourplex
Residential Income
0.05
Acre Lot
Courtesy: Canaan Realty Investment Group, (215) 333-1826
brightmlshomes.com> 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 Philadelphiaâs 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
Fourplex, Other
PHILADELPHIA
PHILADELPHIA
1915
0.05 Acres
Gas Water Heater, Public Water Service
Mason
Public Sewer
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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

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Courtesy: Canaan Realty Investment Group, (215) 333-1826
This content last refreshed on 5/18/2024 6:53 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.