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Listed by Arvind Balaji • KW Empower

$1,895,000

Est. payment - /mo

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1,660 Sqft Lot

Price Dropped by $55K

719 N 16TH ST Philadelphia, PA 19130

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Additional details

Alexandra DiFilippo

alex@alexdifilippo.com +1(856) 298-9699

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Francisville

MLS Listing ID PAPH2166510

Style Other

Year Built 2020

Annual Tax Amount $3,779

Tax Year 2025

Lot Size 1,660 Sqft

Acres 0.04

Lot Dimensions 20.00 x 83.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 151018200

Ownership Fee Simple

Special Listing Condition Standard

Nearby School & Business

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Alexandra DiFilippo

Agent | License ID: 1646832

+1(856) 298-9699

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