1534 16TH STREET N PHILADELPHIA PA 19121
$ 7,400,000

Listing ID

#PAPH2432782

Property Type

Other

Property Style

Unit/Flat

County

PHILADELPHIA-PA

Neighborhood

TEMPLE UNIVERSITY

Year Built

1950

Days on website

122

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
Financial Information
List Price:  $ 7400000
Taxes:  $ 11198
Property Features
Construction Materials:  Masonry
Cooling:  Ductless/Mini-Split
Heating:  Wall Unit
Lot Features:  Corner
Other Structures:  Above Grade
Water Source:  Public
Listed By:     Keller Williams Liberty Place