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719 N 16th St

Philadelphia PA 19130

8
1
1660 sq. ft.
Duplex
Currently for sale - view listing

Overview

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

8 bedrooms
1 carspace
1660 sq. ft. lot size
Duplex

Property history for 719 N 16th St

2019
Sold
$485,500
23 Aug 2019 by Juliet Welker, of Coldwell Banker Welker Real Estate

Happy sellers in Philadelphia

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Local market activity for 8 bedroom duplexes in Philadelphia

In the last 12 months, 1 eight-bedroom duplex similar to 719 N 16th St, have been sold.

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