2116 N 17TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- May 6, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 28 at 6:06 am
Property Features for 2116 N 17TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,139 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6194
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent James Victor License #RM420036 (215) 742-9800
Listing office JB Victor Realtors & Business Brokers 1110 Cottman Avenue, Philadelphia, PA (215) 742-9800
Listing date May 6, 2026
Copyright © 2026 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.
HighLights
- 1915 masonry building with forced air heat and central air cooling
- Two‑unit layout: first floor offers a 3‑bed/1‑bath unit
- Upper floors combined for a 6‑bed/2‑bath unit (2nd and 3rd floors)
- Potential student housing setup near Temple University, with options to rent rooms or reconfigure into separate units
- On‑street parking
Overview
Located at 2116 N 17th Street in Philadelphia, PA 19121, the building is described as being situated near Temple University. The multi-level layout supports different ways to manage occupancy across the two units.
For buyers or operators seeking a property tailored to student-focused leasing, this duplex offers flexibility based on how the space is marketed and occupied, including options to rent the second and third floors together or subdivide them by room. The current listing remarks also indicate a motivated seller and that the price has been reduced for a quicker sale.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $52.1k | $24.38 |
| − OpEx | −$15.6k | −$7.31 |
| NOI | $36.5k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16143
- Latitude
- 39.98613
