802 N 16TH ST Philadelphia, PA 19130

Investor Alert: Prime income-producing location in hot Francisville/Art Museum area. Completely renovated three-unit apartment building (7 beds total) cash flowing $5,545 per month. Yes, $66,540/year AND low expenses at less than $500 per month! FULL TEN YEARS REMAINING ON TAX ABATEMENT. Separate utilities (including water), fire safety monitored system and new French drain system with sump pumps in basement. Every detail the current market demands including: Hardwood floors, custom closets, tiled baths, roof deck with unparalleled skyline view, backyard, Juliet balcony, quartz counters, stainless appliances, new windows/insulation/drywall/electric/HVAC/plumbing, etc. Separate central air/heat and washer/dryer in each unit. New front brick exterior and new rear stucco. Property's location and interior design created an environment today's tenants desire, allowing owner to secure high-quality tenants. Minutes from Art Museum, Center City, Temple University and much more. #2 bus runs up/down 16th/17th Streets. Broad Street Subway only two blocks away. Seller has the possibility to provide the new owner with one vacant apartment for the buyer to live in if it is desired by the buyer.