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.
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Listing Snapshot
Price
$1,895,000
Days On Site
1026 Days
Bedrooms
8
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
2020
MLS® Number
PAPH2166510
Status
Active
Property Tax
$3,779
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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