Newtownhouse
1/37
$3,912/mo
$595,0003bd·3ba·2,943sf
303 Fountain St, Philadelphia, PA 19128
Listing Courtesy of Kurfiss Sotheby's International Realty
for saleNew — 1d on market
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$499,900
0beds
|0baths
|2,784sqft
|1915built
1842 N 16th St,Philadelphia, PA 19121
Est.$3,287/moCustomize payment
What's special
Just listed
On the market for 1 day
$180/sqft
Price per square foot
Built in 1915
111 years old
Overview
Investor Alert! 24-hour notice required for all showings. Currently operating as a 7-bedroom, 2.5-bath student rental, the property generates $4,900 per month ($58,800 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. This property is that it is a legal four-unit rooming house with grandfathered zoning rights, making it a 4-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property benefits from its premier location just step...
Listing updated: June 17, 2026 at 1:02 AM
Listed by:
Michael Coleman 484-942-6266, Keller Williams Realty Devon-Wayne, Co-Listing Agent: Danielle Redenbaugh 267-614-3971, Keller Williams Realty Devon-Wayne
Source: Bright MLS · MLS #PAPH2637494
Property details
Cost estimate
Est. monthly payment
$3,118/mo
Principal & interest
$2,621Property tax
$331Home insurance (est.)
$167Down payment
$99,98020% of list price
Adjust down payment20%
0%25%50%
Based on 20% down ($99,980), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Jun 16, 2026 | Listed for sale | $499,900 |
Location
1842 N 16th St, Philadelphia, PA 19121
