Philadelphia, PA 19141 5651 N 16Th Street

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Presented By: Market Force Realty
  • MLS# PAPH2525778
  • 08/08/2025
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  • Beds • 5

Home Details

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.
Presented By: Market Force Realty

Interior Features for 5651 N 16Th Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 5651 N 16Th Street

Accessibility2+ Access Exits
Architectural StyleColonial
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCeiling Fan(s), Window Unit(s)
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
HeatingHot Water
Lease TypeLong Term
Lot Size Square Feet4186.00
Lot Size UnitsSquare Feet
MLS Area19141 (19141)
ModificationTimestamp2025-08-08T15:53:32
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG124.95
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount4337.0
Tax Assessed Value309900.0
Tax Lot207
Tax Year2025
Total SQFT2000
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5

Exterior for 5651 N 16Th Street

Foundation DetailsStone
Land Assessed Value61980.00
Land Use CodeR30
Lot Dimensions46.00 x 91.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $249,900
MLS#PAPH2525778
List Date 08/08/2025
Property Type Multi-Family
Phone 703.929.4729
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