1534 N 16th St, PHILADELPHIA, PA

$7,400,000

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21,120

Square feet

0.16

Acres

About 1534 N 16th St

INTRODUCING: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building has been renovated from top-to-bottom with excellent proximity to Philadelphia's largest university by enrollment, as well as the booming North Broad District, Fairmount and Francisville neighborhoods. With 28 units (1's, 2's and 3's) plus common amenities, Owl's Nest Apartments is poised to become a legacy asset at Temple — insulated by perennial rental demand in a high-growth / appreciating location. Located just a few blocks from Main Campus, as well as Septa's North Broad subway line, The Property boasts tremendous curb appeal and visibility. Each apartment is fully furnished—truly plug-and-play turnkey rentals. Amenities include study rooms, fitness center, Amazon dropbox and resident lounge. Utilities (and wifi) are included in the rent. Purchase this exceptional multifamily real estate in a Top-10 USA MSA. 10 year tax abatement (pay taxes based on assessed land value rather than improved value), low maintenance and operating costs. Enquire within for financials. Coming soon...

Features of 1534 N 16th St

MLS® # PAPH2432782
Price $7,400,000
Bathrooms 0.00
Square Footage 21,120
Acres 0.16
Year Built 1950
Type Multi-Family
Sub-Type Other, Other
Style Condo/Unit
Status Active

Community Information

Address 1534 N 16th St
Area 19121
Subdivision TEMPLE UNIVERSITY
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19121

Amenities

View City
Is Waterfront No

Interior

Heating Wall Unit
Cooling Ductless/Mini-Split
Has Basement No
Fireplace No

Exterior

Lot Description Corner Lot

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed January 6th, 2025
Days on Market 280
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Liberty Place
Contact Info6093995454

Listing Map

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