719 N 16th St, Philadelphia, PA 19130

$1,895,000

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List Price
$1,895,000
Price Change
▼ $55,000 1772071609
Days on Market
1406
Status
ACTIVE
MLS#
PAPH2166510
Lot Size (Acres)
0.04
Style
Other
Year Built
2020
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

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.

Additional Information

Area
19130 (19130)
Subdivision
Francisville
Taxes
$3779
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: vicki@kwempower.com