5651 N 16th St, Philadelphia, PA 19141

Local realty services provided by:ERA Martin Associates
5651 N 16th St,Philadelphia, PA 19141
$229,900
  • 5 Beds
  • - Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by: vardgas oganisean
Office: market force realty
MLS#:PAPH2525778
Source:BRIGHTMLS

Price summary

  • Price:$229,900
  • Price per sq. ft.:$114.95

About this home

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

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Home facts

  • Year built:1925
  • Listing ID #:PAPH2525778
  • Added:145 day(s) ago
  • Updated:January 01, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Window Unit(s)
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:2,000 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,900
  • Price per sq. ft.:$114.95
  • Tax amount:$4,337 (2025)

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