1850 N 16th St, Philadelphia, PA 19121

Property Description

Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 3-bath investment property in one of Temple University’s most established off-campus rental markets. The property is occupied and leased through July 2027 at $3,400 per month ($40,800 gross annual income). 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 off-campus rental 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 four units by right (subject to buyer due diligence), creating significant long-term value-add potential through future redevelopment or reconfiguration. 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, PAPH2665182, PAPH2665196, PAPH2665198 and PAPH2686570