1534 N 16Th Street, Philadelphia, PA 19121-4205 $8,750,000

# of Units: 4
Interior Sq. Ft: 21,120
Acreage: 0.16
Age:75 years
Taxes: $11,198
MLS#: PAPH2432782
Subdivision: Temple University
Design/Type:
Other

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...

Taxes: $11,198
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Wall Unit Heating, Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
None

Interior
Luxury Vinyl Plank Flooring, Accessibility - Ramp - Main Level, Exterior Cameras

Exterior
Masonry

Lot
Corner Lot, Urban, City View

Contact Information

Listing Courtesy of: Keller Williams Liberty Place , (609) 399-5454, klrw903@kw.com

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Listing data as of 2/24/2025.