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1352 N 27TH Street

PHILADELPHIA, PA 19121
  • $2,495,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: PAPH2307986
UPDATED: 47 min ago
$2,495,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,250
    SQFT
  • $243
    $/SQFT
Neighborhood:
Type:
Multi-Family
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.

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©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 Crews Real Estate | EXP Realty. 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: 2024-02-23T11:55:23.917.
www.crewsrealestate.com/homes/146244475
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1352 N 27TH Street PHILADELPHIA, PA 19121

  • Price: $2,495,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 47 min ago
  • ID#: PAPH2307986
0
Beds
0
Baths
0
½ Baths
0.07
Acres
10,250
SQFT
$243
$/SQFT
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

Architectural Style Contemporary Construction Materials Stick Built Garage YN No Location Type Urban Lot Features Corner Parking Types None Pool No Pool 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

Above Grade Fin SQFT 10250 Cooling Central A/C Flooring Vinyl Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 3 Two Bedroom Units 4

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street MASTER ST Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802789634040 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 14679.00 Tax Assessment Amount 0.00 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 Crews Real Estate | EXP Realty. 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: 2024-02-23T11:55:23.917.
 
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