1534 N 16th St, Philadelphia, PA 19121 | For Sale

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For Sale $7,400,000

$7,400,000
  • Not Rated
  • (0)
  • 28 Units
  • Unknown Sq Ft
  • 6,913 Sq Ft
  • Unknown Cap Rate

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...

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $7,400,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1950
Last Sold Unknown
Sold Price Unknown
APN # 881146641
MLS # PAPH2413976
Property ID 320987648
Lot Sqft 6,913
Zoning RM1
Total Units 28
Days on Market 138
Original List Price Unknown
Date Updated March 30, 2025
Date Created November 14, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $667,800 $0

Listing Provided By

Ryan J McManus an agent of Keller Williams Liberty Place. Lic #RS316262


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Data last updated: April 01, 2025.
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Compare rates
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CanvasJS.com
Your payment
$51,909
per month
CanvasJS.com
Estimated payment $51,909 /mo
Loan amount $7,400,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$51,909
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $11,226,950 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $51,742 $5,492 $46,250 $7,394,508
2 $51,742 $5,526 $46,216 $7,388,982
3 $51,742 $5,561 $46,181 $7,383,421
4 $51,742 $5,596 $46,146 $7,377,825
5 $51,742 $5,631 $46,111 $7,372,195
6 $51,742 $5,666 $46,076 $7,366,529
7 $51,742 $5,701 $46,041 $7,360,828
8 $51,742 $5,737 $46,005 $7,355,091
9 $51,742 $5,773 $45,969 $7,349,318
10 $51,742 $5,809 $45,933 $7,343,509
11 $51,742 $5,845 $45,897 $7,337,664
12 $51,742 $5,882 $45,860 $7,331,783
13 $51,742 $5,918 $45,824 $7,325,864
14 $51,742 $5,955 $45,787 $7,319,909
15 $51,742 $5,993 $45,749 $7,313,916
16 $51,742 $6,030 $45,712 $7,307,886
17 $51,742 $6,068 $45,674 $7,301,819
18 $51,742 $6,106 $45,636 $7,295,713
19 $51,742 $6,144 $45,598 $7,289,569
20 $51,742 $6,182 $45,560 $7,283,387
21 $51,742 $6,221 $45,521 $7,277,166
22 $51,742 $6,260 $45,482 $7,270,907
23 $51,742 $6,299 $45,443 $7,264,608
24 $51,742 $6,338 $45,404 $7,258,270
25 $51,742 $6,378 $45,364 $7,251,892
26 $51,742 $6,418 $45,324 $7,245,474
27 $51,742 $6,458 $45,284 $7,239,016
28 $51,742 $6,498 $45,244 $7,232,518
29 $51,742 $6,539 $45,203 $7,225,979
30 $51,742 $6,580 $45,162 $7,219,400
31 $51,742 $6,621 $45,121 $7,212,779
32 $51,742 $6,662 $45,080 $7,206,117
33 $51,742 $6,704 $45,038 $7,199,413
34 $51,742 $6,746 $44,996 $7,192,667
35 $51,742 $6,788 $44,954 $7,185,880
36 $51,742 $6,830 $44,912 $7,179,049
37 $51,742 $6,873 $44,869 $7,172,176
38 $51,742 $6,916 $44,826 $7,165,260
39 $51,742 $6,959 $44,783 $7,158,301
40 $51,742 $7,003 $44,739 $7,151,299
41 $51,742 $7,046 $44,696 $7,144,252
42 $51,742 $7,090 $44,652 $7,137,162
43 $51,742 $7,135 $44,607 $7,130,027
44 $51,742 $7,179 $44,563 $7,122,848
45 $51,742 $7,224 $44,518 $7,115,624
46 $51,742 $7,269 $44,473 $7,108,354
47 $51,742 $7,315 $44,427 $7,101,039
48 $51,742 $7,361 $44,382 $7,093,679
49 $51,742 $7,407 $44,335 $7,086,272
50 $51,742 $7,453 $44,289 $7,078,820
51 $51,742 $7,499 $44,243 $7,071,320
52 $51,742 $7,546 $44,196 $7,063,774
53 $51,742 $7,593 $44,149 $7,056,181
54 $51,742 $7,641 $44,101 $7,048,540
55 $51,742 $7,689 $44,053 $7,040,851
56 $51,742 $7,737 $44,005 $7,033,114
57 $51,742 $7,785 $43,957 $7,025,329
58 $51,742 $7,834 $43,908 $7,017,496
59 $51,742 $7,883 $43,859 $7,009,613
60 $51,742 $7,932 $43,810 $7,001,681
61 $51,742 $7,981 $43,761 $6,993,700
62 $51,742 $8,031 $43,711 $6,985,668
63 $51,742 $8,082 $43,660 $6,977,587
64 $51,742 $8,132 $43,610 $6,969,455
65 $51,742 $8,183 $43,559 $6,961,272
66 $51,742 $8,234 $43,508 $6,953,038
67 $51,742 $8,286 $43,456 $6,944,752
68 $51,742 $8,337 $43,405 $6,936,415
69 $51,742 $8,389 $43,353 $6,928,025
70 $51,742 $8,442 $43,300 $6,919,584
71 $51,742 $8,495 $43,247 $6,911,089
72 $51,742 $8,548 $43,194 $6,902,541
73 $51,742 $8,601 $43,141 $6,893,940
74 $51,742 $8,655 $43,087 $6,885,285
75 $51,742 $8,709 $43,033 $6,876,576
76 $51,742 $8,763 $42,979 $6,867,813
77 $51,742 $8,818 $42,924 $6,858,995
78 $51,742 $8,873 $42,869 $6,850,122
79 $51,742 $8,929 $42,813 $6,841,193
80 $51,742 $8,985 $42,757 $6,832,208
81 $51,742 $9,041 $42,701 $6,823,168
82 $51,742 $9,097 $42,645 $6,814,070
83 $51,742 $9,154 $42,588 $6,804,916
84 $51,742 $9,211 $42,531 $6,795,705
85 $51,742 $9,269 $42,473 $6,786,436
86 $51,742 $9,327 $42,415 $6,777,109
87 $51,742 $9,385 $42,357 $6,767,724
88 $51,742 $9,444 $42,298 $6,758,281
89 $51,742 $9,503 $42,239 $6,748,778
90 $51,742 $9,562 $42,180 $6,739,216
91 $51,742 $9,622 $42,120 $6,729,594
92 $51,742 $9,682 $42,060 $6,719,912
93 $51,742 $9,743 $41,999 $6,710,169
94 $51,742 $9,803 $41,939 $6,700,366
95 $51,742 $9,865 $41,877 $6,690,501
96 $51,742 $9,926 $41,816 $6,680,575
97 $51,742 $9,988 $41,754 $6,670,586
98 $51,742 $10,051 $41,691 $6,660,535
99 $51,742 $10,114 $41,628 $6,650,422
100 $51,742 $10,177 $41,565 $6,640,245
101 $51,742 $10,240 $41,502 $6,630,004
102 $51,742 $10,304 $41,438 $6,619,700
103 $51,742 $10,369 $41,373 $6,609,331
104 $51,742 $10,434 $41,308 $6,598,897
105 $51,742 $10,499 $41,243 $6,588,399
106 $51,742 $10,565 $41,177 $6,577,834
107 $51,742 $10,631 $41,111 $6,567,204
108 $51,742 $10,697 $41,045 $6,556,507
109 $51,742 $10,764 $40,978 $6,545,743
110 $51,742 $10,831 $40,911 $6,534,912
111 $51,742 $10,899 $40,843 $6,524,013
112 $51,742 $10,967 $40,775 $6,513,046
113 $51,742 $11,035 $40,707 $6,502,010
114 $51,742 $11,104 $40,638 $6,490,906
115 $51,742 $11,174 $40,568 $6,479,732
116 $51,742 $11,244 $40,498 $6,468,488
117 $51,742 $11,314 $40,428 $6,457,175
118 $51,742 $11,385 $40,357 $6,445,790
119 $51,742 $11,456 $40,286 $6,434,334
120 $51,742 $11,527 $40,215 $6,422,807
121 $51,742 $11,599 $40,143 $6,411,207
122 $51,742 $11,672 $40,070 $6,399,535
123 $51,742 $11,745 $39,997 $6,387,790
124 $51,742 $11,818 $39,924 $6,375,972
125 $51,742 $11,892 $39,850 $6,364,080
126 $51,742 $11,967 $39,776 $6,352,113
127 $51,742 $12,041 $39,701 $6,340,072
128 $51,742 $12,117 $39,625 $6,327,956
129 $51,742 $12,192 $39,550 $6,315,763
130 $51,742 $12,268 $39,474 $6,303,495
131 $51,742 $12,345 $39,397 $6,291,150
132 $51,742 $12,422 $39,320 $6,278,727
133 $51,742 $12,500 $39,242 $6,266,227
134 $51,742 $12,578 $39,164 $6,253,649
135 $51,742 $12,657 $39,085 $6,240,993
136 $51,742 $12,736 $39,006 $6,228,257
137 $51,742 $12,815 $38,927 $6,215,441
138 $51,742 $12,895 $38,847 $6,202,546
139 $51,742 $12,976 $38,766 $6,189,570
140 $51,742 $13,057 $38,685 $6,176,513
141 $51,742 $13,139 $38,603 $6,163,374
142 $51,742 $13,221 $38,521 $6,150,153
143 $51,742 $13,304 $38,438 $6,136,849
144 $51,742 $13,387 $38,355 $6,123,463
145 $51,742 $13,470 $38,272 $6,109,992
146 $51,742 $13,555 $38,187 $6,096,438
147 $51,742 $13,639 $38,103 $6,082,798
148 $51,742 $13,725 $38,017 $6,069,074
149 $51,742 $13,810 $37,932 $6,055,264
150 $51,742 $13,897 $37,845 $6,041,367
151 $51,742 $13,983 $37,759 $6,027,384
152 $51,742 $14,071 $37,671 $6,013,313
153 $51,742 $14,159 $37,583 $5,999,154
154 $51,742 $14,247 $37,495 $5,984,907
155 $51,742 $14,336 $37,406 $5,970,570
156 $51,742 $14,426 $37,316 $5,956,144
157 $51,742 $14,516 $37,226 $5,941,628
158 $51,742 $14,607 $37,135 $5,927,021
159 $51,742 $14,698 $37,044 $5,912,323
160 $51,742 $14,790 $36,952 $5,897,533
161 $51,742 $14,882 $36,860 $5,882,651
162 $51,742 $14,975 $36,767 $5,867,676
163 $51,742 $15,069 $36,673 $5,852,606
164 $51,742 $15,163 $36,579 $5,837,443
165 $51,742 $15,258 $36,484 $5,822,185
166 $51,742 $15,353 $36,389 $5,806,832
167 $51,742 $15,449 $36,293 $5,791,383
168 $51,742 $15,546 $36,196 $5,775,837
169 $51,742 $15,643 $36,099 $5,760,194
170 $51,742 $15,741 $36,001 $5,744,453
171 $51,742 $15,839 $35,903 $5,728,614
172 $51,742 $15,938 $35,804 $5,712,676
173 $51,742 $16,038 $35,704 $5,696,638
174 $51,742 $16,138 $35,604 $5,680,500
175 $51,742 $16,239 $35,503 $5,664,261
176 $51,742 $16,340 $35,402 $5,647,921
177 $51,742 $16,443 $35,300 $5,631,478
178 $51,742 $16,545 $35,197 $5,614,933
179 $51,742 $16,649 $35,093 $5,598,284
180 $51,742 $16,753 $34,989 $5,581,531
181 $51,742 $16,857 $34,885 $5,564,674
182 $51,742 $16,963 $34,779 $5,547,711
183 $51,742 $17,069 $34,673 $5,530,642
184 $51,742 $17,175 $34,567 $5,513,467
185 $51,742 $17,283 $34,459 $5,496,184
186 $51,742 $17,391 $34,351 $5,478,793
187 $51,742 $17,500 $34,242 $5,461,294
188 $51,742 $17,609 $34,133 $5,443,685
189 $51,742 $17,719 $34,023 $5,425,966
190 $51,742 $17,830 $33,912 $5,408,136
191 $51,742 $17,941 $33,801 $5,390,195
192 $51,742 $18,053 $33,689 $5,372,142
193 $51,742 $18,166 $33,576 $5,353,976
194 $51,742 $18,280 $33,462 $5,335,696
195 $51,742 $18,394 $33,348 $5,317,302
196 $51,742 $18,509 $33,233 $5,298,793
197 $51,742 $18,625 $33,117 $5,280,169
198 $51,742 $18,741 $33,001 $5,261,428
199 $51,742 $18,858 $32,884 $5,242,570
200 $51,742 $18,976 $32,766 $5,223,594
201 $51,742 $19,095 $32,647 $5,204,499
202 $51,742 $19,214 $32,528 $5,185,285
203 $51,742 $19,334 $32,408 $5,165,951
204 $51,742 $19,455 $32,287 $5,146,497
205 $51,742 $19,576 $32,166 $5,126,920
206 $51,742 $19,699 $32,043 $5,107,221
207 $51,742 $19,822 $31,920 $5,087,399
208 $51,742 $19,946 $31,796 $5,067,454
209 $51,742 $20,070 $31,672 $5,047,383
210 $51,742 $20,196 $31,546 $5,027,187
211 $51,742 $20,322 $31,420 $5,006,865
212 $51,742 $20,449 $31,293 $4,986,416
213 $51,742 $20,577 $31,165 $4,965,839
214 $51,742 $20,706 $31,037 $4,945,134
215 $51,742 $20,835 $30,907 $4,924,299
216 $51,742 $20,965 $30,777 $4,903,334
217 $51,742 $21,096 $30,646 $4,882,238
218 $51,742 $21,228 $30,514 $4,861,010
219 $51,742 $21,361 $30,381 $4,839,649
220 $51,742 $21,494 $30,248 $4,818,155
221 $51,742 $21,629 $30,113 $4,796,526
222 $51,742 $21,764 $29,978 $4,774,763
223 $51,742 $21,900 $29,842 $4,752,863
224 $51,742 $22,037 $29,705 $4,730,826
225 $51,742 $22,174 $29,568 $4,708,652
226 $51,742 $22,313 $29,429 $4,686,339
227 $51,742 $22,452 $29,290 $4,663,887
228 $51,742 $22,593 $29,149 $4,641,294
229 $51,742 $22,734 $29,008 $4,618,560
230 $51,742 $22,876 $28,866 $4,595,684
231 $51,742 $23,019 $28,723 $4,572,665
232 $51,742 $23,163 $28,579 $4,549,502
233 $51,742 $23,308 $28,434 $4,526,195
234 $51,742 $23,453 $28,289 $4,502,741
235 $51,742 $23,600 $28,142 $4,479,141
236 $51,742 $23,747 $27,995 $4,455,394
237 $51,742 $23,896 $27,846 $4,431,498
238 $51,742 $24,045 $27,697 $4,407,453
239 $51,742 $24,195 $27,547 $4,383,258
240 $51,742 $24,347 $27,395 $4,358,911
241 $51,742 $24,499 $27,243 $4,334,412
242 $51,742 $24,652 $27,090 $4,309,760
243 $51,742 $24,806 $26,936 $4,284,954
244 $51,742 $24,961 $26,781 $4,259,993
245 $51,742 $25,117 $26,625 $4,234,876
246 $51,742 $25,274 $26,468 $4,209,602
247 $51,742 $25,432 $26,310 $4,184,170
248 $51,742 $25,591 $26,151 $4,158,579
249 $51,742 $25,751 $25,991 $4,132,828
250 $51,742 $25,912 $25,830 $4,106,917
251 $51,742 $26,074 $25,668 $4,080,843
252 $51,742 $26,237 $25,505 $4,054,606
253 $51,742 $26,401 $25,341 $4,028,205
254 $51,742 $26,566 $25,176 $4,001,640
255 $51,742 $26,732 $25,010 $3,974,908
256 $51,742 $26,899 $24,843 $3,948,009
257 $51,742 $27,067 $24,675 $3,920,942
258 $51,742 $27,236 $24,506 $3,893,706
259 $51,742 $27,406 $24,336 $3,866,300
260 $51,742 $27,578 $24,164 $3,838,722
261 $51,742 $27,750 $23,992 $3,810,972
262 $51,742 $27,923 $23,819 $3,783,049
263 $51,742 $28,098 $23,644 $3,754,951
264 $51,742 $28,274 $23,468 $3,726,677
265 $51,742 $28,450 $23,292 $3,698,227
266 $51,742 $28,628 $23,114 $3,669,599
267 $51,742 $28,807 $22,935 $3,640,792
268 $51,742 $28,987 $22,755 $3,611,805
269 $51,742 $29,168 $22,574 $3,582,636
270 $51,742 $29,351 $22,391 $3,553,286
271 $51,742 $29,534 $22,208 $3,523,752
272 $51,742 $29,719 $22,023 $3,494,033
273 $51,742 $29,904 $21,838 $3,464,129
274 $51,742 $30,091 $21,651 $3,434,038
275 $51,742 $30,279 $21,463 $3,403,759
276 $51,742 $30,469 $21,273 $3,373,290
277 $51,742 $30,659 $21,083 $3,342,631
278 $51,742 $30,851 $20,891 $3,311,781
279 $51,742 $31,043 $20,699 $3,280,737
280 $51,742 $31,237 $20,505 $3,249,500
281 $51,742 $31,433 $20,309 $3,218,067
282 $51,742 $31,629 $20,113 $3,186,438
283 $51,742 $31,827 $19,915 $3,154,611
284 $51,742 $32,026 $19,716 $3,122,586
285 $51,742 $32,226 $19,516 $3,090,360
286 $51,742 $32,427 $19,315 $3,057,933
287 $51,742 $32,630 $19,112 $3,025,303
288 $51,742 $32,834 $18,908 $2,992,469
289 $51,742 $33,039 $18,703 $2,959,430
290 $51,742 $33,246 $18,496 $2,926,184
291 $51,742 $33,453 $18,289 $2,892,731
292 $51,742 $33,662 $18,080 $2,859,069
293 $51,742 $33,873 $17,869 $2,825,196
294 $51,742 $34,085 $17,657 $2,791,111
295 $51,742 $34,298 $17,444 $2,756,814
296 $51,742 $34,512 $17,230 $2,722,302
297 $51,742 $34,728 $17,014 $2,687,574
298 $51,742 $34,945 $16,797 $2,652,629
299 $51,742 $35,163 $16,579 $2,617,466
300 $51,742 $35,383 $16,359 $2,582,084
301 $51,742 $35,604 $16,138 $2,546,480
302 $51,742 $35,827 $15,916 $2,510,653
303 $51,742 $36,050 $15,692 $2,474,603
304 $51,742 $36,276 $15,466 $2,438,327
305 $51,742 $36,502 $15,240 $2,401,824
306 $51,742 $36,731 $15,011 $2,365,094
307 $51,742 $36,960 $14,782 $2,328,134
308 $51,742 $37,191 $14,551 $2,290,943
309 $51,742 $37,424 $14,318 $2,253,519
310 $51,742 $37,658 $14,084 $2,215,861
311 $51,742 $37,893 $13,849 $2,177,969
312 $51,742 $38,130 $13,612 $2,139,839
313 $51,742 $38,368 $13,374 $2,101,471
314 $51,742 $38,608 $13,134 $2,062,863
315 $51,742 $38,849 $12,893 $2,024,014
316 $51,742 $39,092 $12,650 $1,984,922
317 $51,742 $39,336 $12,406 $1,945,586
318 $51,742 $39,582 $12,160 $1,906,004
319 $51,742 $39,829 $11,913 $1,866,174
320 $51,742 $40,078 $11,664 $1,826,096
321 $51,742 $40,329 $11,413 $1,785,767
322 $51,742 $40,581 $11,161 $1,745,186
323 $51,742 $40,835 $10,907 $1,704,351
324 $51,742 $41,090 $10,652 $1,663,262
325 $51,742 $41,347 $10,395 $1,621,915
326 $51,742 $41,605 $10,137 $1,580,310
327 $51,742 $41,865 $9,877 $1,538,445
328 $51,742 $42,127 $9,615 $1,496,318
329 $51,742 $42,390 $9,352 $1,453,928
330 $51,742 $42,655 $9,087 $1,411,273
331 $51,742 $42,922 $8,820 $1,368,352
332 $51,742 $43,190 $8,552 $1,325,162
333 $51,742 $43,460 $8,282 $1,281,702
334 $51,742 $43,731 $8,011 $1,237,971
335 $51,742 $44,005 $7,737 $1,193,966
336 $51,742 $44,280 $7,462 $1,149,686
337 $51,742 $44,556 $7,186 $1,105,130
338 $51,742 $44,835 $6,907 $1,060,295
339 $51,742 $45,115 $6,627 $1,015,180
340 $51,742 $45,397 $6,345 $969,783
341 $51,742 $45,681 $6,061 $924,102
342 $51,742 $45,966 $5,776 $878,135
343 $51,742 $46,254 $5,488 $831,882
344 $51,742 $46,543 $5,199 $785,339
345 $51,742 $46,834 $4,908 $738,505
346 $51,742 $47,126 $4,616 $691,379
347 $51,742 $47,421 $4,321 $643,958
348 $51,742 $47,717 $4,025 $596,241
349 $51,742 $48,015 $3,727 $548,225
350 $51,742 $48,316 $3,426 $499,910
351 $51,742 $48,618 $3,124 $451,292
352 $51,742 $48,921 $2,821 $402,371
353 $51,742 $49,227 $2,515 $353,144
354 $51,742 $49,535 $2,207 $303,609
355 $51,742 $49,844 $1,898 $253,764
356 $51,742 $50,156 $1,586 $203,608
357 $51,742 $50,469 $1,273 $153,139
358 $51,742 $50,785 $957 $102,354
359 $51,742 $51,102 $640 $51,252
360 $51,742 $51,422 $320 $0


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