#PAPH2429220, Scott Simmens, Listing Office: Heritage Homes Realty
Property details
About 1534 N 16th St
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...
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2432782
- MLS Name: BRIGHT
- Office Name: Keller Williams Liberty Place
- Office Phone: (609) 399-5454
- Office Email: klrw903@kw.com
- Listing Agent: Ryan J McManus
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Last updated on: 2/10/2025, 4:24:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of outdoor building at dusk](/homes/listing-images/51529430_S0366/S0366/S0366-R0100/803551747990/803551747990-1.jpg?version=1736200416&width=640)
$8,750,000
1534 N 16th St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 07, 2021 | Home Sold | $2,900,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $800,000 | $11,198 |
2022 | $800,000 | $8,743 |
2021 | $- | $48,053 |
2020 | $3,432,900 | $48,053 |
2019 | $3,399,000 | $47,579 |
2018 | $761,100 | $10,653 |
2017 | $714,400 | $10,000 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.0 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
1.2 mi
•2700 W Dauphin St
6
John Moffet Elementary School
Public District KG-5
1.4 mi
•127 W Oxford St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,406. Residents of Philadelphia, PA typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1534 N 16th St
This home is located at 1534 N 16th St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 21,120 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $8,750,000.
While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. The median list price of listings available in January 2025 was $266,945, while the average time on the real estate market was 52 days.