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5651 N 16TH Street
PHILADELPHIA PA 19141 US

$229,900

Active Listing ID PAPH2525778
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Lot: 0.10 Acres
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Other

$229,900

Active Listing ID PAPH2525778
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5651 N 16TH Street 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.

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s), Window Unit(s)
  • Heating Fuels: Hot Water(Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 229900
  • unparsedaddress: 5651 N 16TH Street
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19141
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 2000
  • livingareaunits: Square Feet
  • latitude: 40.04027939
  • longitude: -75.147995
  • listagentfullname: Vardgas Oganisean
  • listagentemail: vardgasoganisean@gmail.com
  • listagentkey: 3yd-TRENDPA-3290804
  • listagentmlsid: 3290804
  • listagentpreferredphone: 2159667772
  • listagentofficephone: 2159667772
  • listofficekey: 3yd-TRENDPA-MRKTFRC
  • listagentstatelicense: RS348567
  • listofficemlsid: MRKTFRC
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1925
  • listingcontractdate: 2025-08-08
  • listagenturl: http://www.MarketForceRealty.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • cooling: Ceiling Fan(s), Window Unit(s)
  • constructionmaterials: Masonry
  • heating: Hot Water(Heating)
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Colonial
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.147995, 40.04028
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Market Force Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"vardgasoganisean@gmail.com", "ListBrokerageCity":"Holland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"igor@MarketForceRealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/9fe067011a4b11e3b5e212313d21b9f5/20210216164944529.png", "ListBrokerageName":"Market Force Realty", "ListBrokeragePhone":"(267) 307-0515", "ListBrokeragePostalCode":"18966", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"295 Buck Rd, Ste 102", "ListBrokerageWebsiteUrl":"http://www.MarketForceRealty.com", "ListOfficeAddress1":"122 N York Road unit: 7 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"MRKTFRC", "ListOfficeCity":"Hatboro", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@marketforcerealty.com", "ListOfficePostalCode":"19040", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Colonial - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5651-N-16th-St_Philadelphia_PA_19141_M39763-82037?f=listhub&s=TRENDPA&m=PAPH2525778&c=rexren", "MLSModificationTimestamp":"2025-10-04 17:22:03", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4337, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/4/2025 5:32:35 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Vardgas Oganisean, Market Force Realty, vardgasoganisean@gmail.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.