Active
1534 N 16th St
Philadelphia PA, 19121
$8,750,000
$414.30 per sqft
Active
21,120 sqft
Commercial
Built in 1950
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...
PAPH2413976
MLSⓇ ID
November 15, 2024
Listed
November 22, 2024
Updated
Map
1534 N 16th St
Philadelphia PA, 19121
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$11,198
Tax Frequency
Annually
Days on Market
1
Garage
No
View
Yes
View Description
City
County
PHILADELPHIA
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/15/2024 | Active | — |
Listed by Keller Williams Liberty Place
Listing Contact: 6106061095
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 1:59 AM UTC
