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1215 N 27TH ST, Philadelphia, Pennsylvania

$875,000Active

Property Details

1215 N 27TH ST, Philadelphia, Pennsylvania 19121 - Attention multifamily investors! Embrace the rare opportunity to own a masterfully-built new construction triplex located in the epicenter of Brewerytown, one of Philadelphia's leading emerging submarkets. Achieve strong market rate rents coupled with extremely low operating costs here on N 27th Street, located just off the bustling Girard Avenue commercial corridor featuring the shops, breweries, pubs, bars, restaurants, cafes, bikeshare stations and fitness studios Brewerytown's become known for. Built by Argo Property Group, all units feature washer/dryer combo plus spacious bedrooms, ceiling fans, quartzite countertops, subway tile backsplashes, modern vanities, fixtures and hardware, open floorplans, energy efficient stainless steel kitchen appliances, high efficiency splitless HVAC systems, beautiful 5-inch maple hardwood floors throughout, 9' ceilings on every level including basement, and oversized windows which allow natural light to pour into the building all day long. The new construction corridor on N 27th Street is lined with an exciting mix of new developments, many of which were constructed by Argo Property Group. The thoughtful, cleanly electric-powered design of the building contributes to the low operating costs as does a transferable 10-yr tax abatement. Projected rent for the 1,640 SF bi-level 3bd/3ba apartment (unit 1) is 2,100/month and rents for the 860 SF 2bd/2ba flats (units 2/3) are 1,750/month. Unit 1 features a 30' deep rear yard with permeable pavers and cedar fencing and the whole building has access to a shared roofdeck offering some of the best unobstructed views in the city. The roofdeck is thoughtfully designed with LED lighting, water hook-ups, two separate spaces and high privacy barrier walls. These units are also listed for sale as individual condo units so act fast to acquire this marquee multifamily investment opportunity! Reach out to Ryan to arrange immediate showings. More photos coming soon; existing photos are from a simi

Amenities

  • Zip19121
  • CountyPhiladelphia
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeRSA5
  • School districtPhiladelphia
  • Year built2017
  • Lot size0.03
  • SewerPublic Sewer
  • HeatingElectric
  • CoolingEnergy Efficient Cooling System
  • Tax amount$235.00
  • Tax year2017
  • Office ID55881
  • Agent ID60061927
  • Agent nameRyan McManus
  • MLS® ID7018563

Broker: RE/MAX Platinum-Philadelphia

Listing Courtesy of RE/MAX Platinum-Philadelphia

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