$6,999,999

1534 N 16TH ST, Philadelphia, PA 19121

Multi-Family Home
Built in 1950
6,970sqft lot
—— car garage
$——/sqft
Listed 11 months ago

Property Description

PRICE IMPROVED BY $499K: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building with 69-beds 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.

Listing Status:: Active
Date Added:: November 15, 2024 at 06:00AM
Listing Office:: Keller Williams Liberty Place : 6093995454
Listing Agent:: Ryan J McManus : 6106061095
MLS ID:: PAPH2413976

Flooring: Luxury vinyl plank
A/C: Ductless/Mini-Split
Heating: Wall UnitElectric
Disability Feature: Ramp - Main Level

General: Masonry

Originating MLS: BRIGHT_MAIN
School District: PHILADELPHIA CITY
County: PHILADELPHIA-PA

Zoning: RM1881146641
View: City

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Ryan J McManus, Keller Williams Liberty Place

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

General George G. Meade School

1600 N 18th St, Philadelphia, PA, 19121

Grades KG-8

0.16 miles away

General George G. Meade School

1600 N 18th St, Philadelphia, PA, 19121

Grades KG-8

0.16 miles away

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.