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.
| MLS # | PAPH2166510 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2020 |
| Days On Site | 1471 |
| Listing Provided By | KW Empower | Arvind Balaji |
| Basement | Y |
|---|---|
| Units | 4 |
| Zoning | RM1 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3779 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19130 |
| Area | 19130 (19130) |
| Community Name | FRANCISVILLE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19130 |
| Area | 19130 (19130) |
| Community Name | FRANCISVILLE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
![]() | $1,595,0001600 Ridge AvePhiladelphia, PA 19130 |
![]() | $1,595,0001600 Ridge AvePhiladelphia, PA 19130 |