5651 N 16th St, Philadelphia, PA 19141

Turnkey Duplex Fully Occupied with Section 8 Tenants + Basement Studio Potential | $2,300 Gross Monthly IncomennExcellent 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.nnProperty Overview:nTotal Gross Monthly Income: $2,300nnSection 8 Approved Reliable, on-time paymentsnnWell-Maintained BuildingnnSeparate Entrances for Each UnitnnBasement with Studio Conversion PotentialnnUnit Breakdown:n1st Floor Unit:nn2 Bedrooms, 1 BathroomnnSpacious living area and eat-in kitchennnWell-maintained with stable tenant in placenn2nd Floor (3FL including) Unit:nn4 Bedrooms, 1 BathroomnnIdeal for larger familiesnnBright, open layout with generous space and solid rental historynnA lot of parking space around the property! nnThis 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.