Skip To Content

1352 N 27TH Street

PHILADELPHIA, PA 19121
  • $2,495,000
  • STATUS: Active
  • ON SITE: 103 Days
  • ID#: PAPH2295818
UPDATED: 46 min ago
$2,495,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2020
County:

School Ratings & Info

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 +GG the combined value of construction costs and land acquisition costs +GG as a turnkey, cash-flowing best-in-class boutique building.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-20T19:54:33.153.
www.newhometeammd.com/homes/145098875
Print Image

1352 N 27TH Street PHILADELPHIA, PA 19121

  • Price: $2,495,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 46 min ago
  • ID#: PAPH2295818
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2020
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
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 +GG the combined value of construction costs and land acquisition costs +GG as a turnkey, cash-flowing best-in-class boutique building.
Exterior Features

Construction Materials Stick Built Garage YN No Location Type Urban Lot Features Corner Parking Types None Riparian Rights YN No Roof Fiberglass View Park/GreenbeltCity Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10250.00 Cooling Central A/C Flooring Vinyl Heating Central Heating YN Yes Net Square Feet 10250.00

Property Features

Accessibility Features None Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street MASTER ST Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 7 Original MLSNumber 802722764360 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 14679.00 Tax Assessment Amount 0.00 Total Actual Rent 181380.00 Vacation Rental YN No Water Source Public Zoning CMX1

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-20T19:54:33.153.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802722764360-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802722764360-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802722764360-2.jpg
Logo
New Home Team of Maryland | RE/MAX Distinctive
1014 S Charles Street
Baltimore MD, 21230
Meta pixel code: