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 | 1260 |
| Zoning | RM1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
