719 N 16th St, PHILADELPHIA, PA

$1,895,000

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0.04

Acres

About 719 N 16th St

719 N 16th Street is a FULLY LEASED, luxury quadplex ideally positioned on a prime corner lot in the heart of booming Francisville, steps away from Fairmount Avenue. Each of the four spacious residences is a thoughtfully designed bi-level unit featuring bright, open-concept layouts, wood grain flooring, stainless steel appliance packages, quartz countertops, designer tile finishes, and in-unit full size laundry. The two upper units are crowned with private roof decks, offering coveted outdoor space and completely unobstructed skyline views. The property also includes one off-street parking space and approximately 6 years remaining on the FULL 10-year tax abatement, providing significant long-term value. This presents a unique opportunity to have a tun key investment opportunity locked in with great rent roles and low maintenance. With a stellar Walk Score of 93, this location places you less than a block from Fairmount Avenue and moments from top restaurants, cafés, neighborhood shops, public transportation, Broad Street, and quick access to I-76. A truly turnkey investment in a high-demand rental corridor with consistent appreciation.

Features of 719 N 16th St

MLS® # PAPH2166510
Price $1,895,000
Bathrooms 0.00
Acres 0.04
Year Built 2020
Type Multi-Family
Sub-Type Quadruplex,Interior Row/Townhouse
Style Other
Status Active

Community Information

Address 719 N 16th St
Area 19130
Subdivision FRANCISVILLE
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19130

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
Has Basement Yes
Basement Fully Finished
Fireplace No

Exterior

Exterior Masonry
Construction Masonry
Foundation Other

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed October 4th, 2022
Days on Market 1259
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Listing Map

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