1534 N 16TH ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 21,120 sqft
Price per Sqft $414
Subdivision Temple University
MLS Listing ID PAPH2413976
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $11,198
Tax Year 2024
Lot Size 6,913 Sqft
Acres 0.16
Lot Dimensions 40.00 x 173.00
Property Description
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...
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Wall Unit
Cooling Ductless/Mini-Split
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Waterfront N
Water Access N
View City
Accessibility Ramp - Main Level
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881146641
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras
Special Listing Condition Standard