719 North 16th Street

Philadelphia, PA 19130

$1,826,000
Price
Beds
5,411 Sq. Ft.
$337 / Sq. Ft.
5,411
Sq. Ft.
$337
per Sq. Ft.

Description

10-year Tax abatement approved. The property is located in a QOZ. Take a look at this one of kind, 20ft wide, new construction multifamily. This unique corner building comes equipped with 4 large, bi-level, 2 bed 2 bath units and parking for 1 car. This property is conveniently located just half a block above Fairmount Avenue and two blocks from Broad Street. Each unit comes fully loaded with condo grade finishes such as stainless steel appliances, quartz counter tops, high ceilings, hardwood floors...

Property Details for 719 North 16th Street

Subdivision
FRANCISVILLE
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Contemporary, Traditional
Structure Type
End of Row/Townhouse
Total Parking Spaces
1
Basement
Yes

Location

Listing Courtesy of Keller Williams Philly

Property Details for 719 North 16th Street

StatusExpired
MLS #PAPH926080
Days on Market205
Taxes$5,286 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2020
Lot Size0.04 AC / 1,660 SF
CountyPhiladelphia County

Contact a Compass agent

Location

Listing Courtesy of Keller Williams Philly

Building Information for 719 North 16th Street

Stories-Residences4Year Built2020Building Size-Lot Size0.04 AC / 1,660 SF

Payment Calculator

$6,560 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,119

Property Taxes

$441

HOA Dues

$0

Property Information for 719 North 16th Street

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Location Info
  • MLS Area: 19130 (19130)
  • Subdivision: FRANCISVILLE (PHILADELPHIA PA)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $5,286
  • Tax Year: 2020
  • School Tax: $2,900
  • County Tax: $0
  • City Town Tax: $2,385
  • Clean Green Assessed: No
  • Zoning: RM1
  • Tax Lot: 69
  • Tax ID Number: 151018200
    Assessment Info
  • Tax Assessed Value: $377,600
  • Year Assessed: 2020
  • Improvement Assessed Value: $278,593
  • Land Assessed Value: $99,007
Financial Info
    Ground Rent
  • Ground Rent Exists: No
    Expenses
  • Operating Expense: $12,240
  • Operating Expense Includes: Insurance, Snow Removal, Trash
    Utilities
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $122,400
  • Net Operating Income: $110,160
  • Annual Rental Income: $122,400
  • Cap Rate: 6.00
Rent Info
    Rent Info
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
Building Info
    SQFT
  • Above Grade Finished SQFT: 5411
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 5411
  • Tax Total Finished SQFT: 1620
    Structure
  • Basement Type: Other
  • Building Units Total: 4
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Completed: No
  • Construction Materials: Masonry
  • New Construction: Yes
  • Roof: Fiberglass
    Unit Info
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 0
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: O30
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 20.00 x 83.00
  • Lot Size Source: Assessor
  • Lot SQFT: 1660
  • Lot Size Acres: .04
  • Navigable Water: No
  • Property Condition: Excellent
  • Age: 2020
Parking
    Parking
  • Garage: No
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 1
Interior Features
    Interior Features
  • Appliances: Dishwasher, Energy Efficient Appliances, Intercom, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Stacked
  • Fireplaces Count: 0
  • Flooring Type: Hardwood
  • Central Air: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Heating Type: 90% Forced Air
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 719 North 16th Street

DateEvent & SourcePriceAppreciation
Mar 17, 2021

Expired

BRIGHT #PAPH926080

Sep 22, 2020

Price Change

BRIGHT #PAPH926080

$1,826,000
Aug 25, 2020

Listed (Active)

BRIGHT #PAPH926080

$1,836,000
DateEvent & SourcePrice
03/17/2021

Expired

BRIGHT #PAPH926080

09/22/2020

Price Change

BRIGHT #PAPH926080

$1,826,000
08/25/2020

Listed (Active)

BRIGHT #PAPH926080

$1,836,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 719 North 16th Street

Taxable ValueLand$99,007Additions$278,593Total$377,600
Tax Record2021$5,285 ($440 / month)
Home Facts
Beds2Total Finished SqFt1,620 SqFtAbove Grade Finished SqFt1,620 SqFtStories2Lot Size1,660 SqFtStyleTownhouseYear Built2002ZoningRM1CountyPHILADELPHIAAPN151018200

Schools near 719 North 16th Street


SchoolTypeGradesDistanceRating
People For People CsCharterK-100.1 mi
5
Franklin LCPublic9-120.2 mi
4
Philadelphia Academic SchoolPrivate0.3 mi
NR
Franklin Benjamin High SchoolPublic9-120.3 mi
2

People For People Cs

K-10, 0.1 mi, Charter

5

Franklin LC

9-12, 0.2 mi, Public

4

Philadelphia Academic School

0.3 mi, Private

NR

Franklin Benjamin High School

9-12, 0.3 mi, Public

2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Philly

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