Active
1352 N 27th St
Philadelphia PA, 19121
$2,495,000
$243.41 per sqft
Active
7 Beds
10,250 sqft
Residential
Built in 2020
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.
PAPH2307986
MLSⓇ ID
December 27, 2023
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
7
Appliances
Electric Water Heater
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Corner Lot
Architectural Style
Contemporary
Roof
Fiberglass
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$14,679
Tax Frequency
Annually
Days on Market
39
Garage
No
View
Yes
View Description
City, Park/Greenbelt
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Compass Pennsylvania, LLC
Listing Contact: 6106061095
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2025 Bright MLS, Inc. all rights reserved.
Data last updated on 2/21/2025 at 12:36 AM UTC
