$7,400,000

1534 N 16th St Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated payment $41,175/month

Total Views 9,352
-- Bed
-- Bath
21,120 Sq Ft
$350 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Ramp on the main level
  • 0.16 Acre Lot
  • Exterior Cameras
  • Luxury Vinyl Plank Tile Flooring

About This Home

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...

Listing Agent

Ryan McManus

Keller Williams Liberty Place Listed on: 01/06/2025

Co-Listing Agent

Brandon Ribeiro

Keller Williams Liberty Place

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,198

Year Built

  • Built in 1950 | Remodeled in 2024

Lot Details

  • 6,913 Sq Ft Lot
  • Lot Dimensions are 40.00 x 173.00
  • Corner Lot
  • Property is in excellent condition

Home Design

  • Masonry

Interior Spaces

  • 21,120 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring
  • City Views
  • Exterior Cameras

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Ramp on the main level
  • Urban Location

Community Details

  • 4 Units
  • Temple University Subdivision

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 881146641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,198

Year Built

Built in 1950 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Unit/Flat
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1950
  • Year Renovated: 2024
  • Remarks Public: 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...
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Total Sq Ft: 21120
  • Living Area Sq Ft: 21120
  • Price Per Sq Ft: 350.38
  • Above Grade Finished Sq Ft: 21120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1534

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: CA0
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Dimensions: 40.00 x 173.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6913.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6271.00
  • Tax Annual Amount: 11198.00
  • Assessor Parcel Number: 881146641
  • Tax Lot: 153
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Rent $1,600 0.0% --
03/08/2025 03/08/25 Price Changed $7,400,000 -15.4% $350 / Sq Ft
01/06/2025 01/06/25 For Sale $8,750,000 0.0% $414 / Sq Ft
01/04/2025 01/04/25 Off Market $1,400 -- --
06/22/2024 06/22/24 For Rent $1,400 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2432782

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

1534 N 16th St, Philadelphia, PA

This home is located at 1534 N 16th St, Philadelphia, PA 19121 and is currently priced at $7,400,000, approximately $350 per square foot. This property was built in 1950. 1534 N 16th St is a home located in Philadelphia County with nearby schools including Gen. George C. Meade School, Vaux High School: A. Big Picture School, and Alliance for Progress Charter School.

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Ryan McManus
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(267) 838-5265