Views
Listed By:
Compass Pennsylvania, LLC
Address
1352 N 27Th Street, Philadelphia, PA
Price
$ 2,495,000
Property Attributes
  • MLS#PAPH2307986
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • Zip19121
  • StyleContemporary
  • Year Built2020
  • Taxes$ 14679
  • Price$ 2,495,000
  • Bedrooms17
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description

1352 27th ST is a prominent new development - a 100% leased turnkey multifamily asset. Ideally located on the corner of 27th and Master Streets in blossoming Brewerytown, this 6.23% CAP asset benefits from a park-like settling, directly overlooking Athletic Sq Park, a top attraction in the neighborhood. The building is performing at the highest level in the submarket in terms of rental rates as a newly constructed asset with taxes abated through 2029. A rare find in the current market environment, 1352 27th is offered below replacement costs the combined value of construction costs and land acquisition costs as a turnkey, cash-flowing best-in-class boutique building.

Price History
12/27/2023 Listed $2,575,000
1/15/2024 4% - $2,495,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19121

Price
AVG $710K
$2.5M
Taxes
AVG $4,305
$14,679
Visits
AVG 219
45
Data Provided by Inside Real Estate®
Year Built
AVG 1955
2020

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