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1846 N 16TH STREET

PHILADELPHIA, PA 19121

MLS#: PAPH2665182

$439,900

Status: Active
Listing number: PAPH2665182
Listing provided by: BHHS Fox & Roach-Center City Walnut
Listing agent phone: None
Last update: 2 days ago
On site: 23 days ago
Browse Properties
TEMPLE UNIVERSITY - Residential

Property

Beds

8

Full Baths

3

1/2 Baths

None

Year Built

1915

Sq.Footage

2,784

Investor Alert! Go and show — Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans without waiting on an existing lease term. The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration — an opportunity made easier by the property's current vacant status. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    3

  • Above Grade Finished Area

    2784.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,560

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $439,900

  • Tax Amount

    $5,144

  • Sq. Footage

    2,784

  • Price/SqFt

    $158

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Brick/Mortar

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    292

  • Water Source

    Public

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Listing Courtesy of Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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Investor Alert! Go and show — Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans without waiting on an existing lease term. The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration — an opportunity made easier by the property's current vacant status. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

1846 N 16TH STREET

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