1215 N 27TH ST

Sold on 8/16/2017
  • -- Beds
  • -- Baths
  • 3650 sqft
  • Residential Income | SingleBldg
  • Closed
1215 N 27TH ST, PHILADELPHIA - 32629391

Property Description for 1215 N 27TH ST, PHILADELPHIA PA 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 similar project built by developer.

  • Property Class: Multi-Family
  • Listing Status: Closed
  • State: PA
  • Zip: 19121
  • Area: Philadelphia – 19121
  • Class: Residential Income
  • Property Subtype: SingleBldg
  • Approx Lot Size: 0.030
  • New Construction: Yes
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3650 sqft
  • Lot Sq Ft Apx: 1400.00
  • Year Built: 2018
  • Listing#: 7018563
  • School District: Philadelphia
  • Tax Year: 2017
  • Close Date: 10/10/2017
  • List Date: 7/12/2017
  • Last updated on: 3/17/2018

Property Features for 1215 N 27TH ST, PHILADELPHIA PA 19121

  • Basement Type: Full, Fully Finished
  • Exterior: Brick
  • Garage Spaces: Nogarage
  • Laundry Type: Washerinunit, Dryerinunit
  • Sewer Septic: Public Sewer
  • Cooling: Energy Efficient Cooling System
  • Entrance: Commonentr, Intercom
  • Handicap: None
  • Hot Water: Electric
  • Water: Public
  • Design: Triplex
  • Heating: Electric
  • Parking: Street

Additional Information for 1215 N 27TH ST, PHILADELPHIA PA 19121

  • School District: Philadelphia
  • Annual Gross Income: 67200.00
  • Annual Gross Expense: 12428.00
  • Annual Other Expense: 12193.00
  • Basement: True
  • Building Floors: 3.00
  • Central Air: False
  • Lot Dimensions: 14X100
  • Lot Number: 135
  • New Construction: True
  • Ownership: Fee Simple
  • Total Assessment: 16800.00
  • Water Front: False
  • Beds Unit1: 3
  • Baths Full Unit1: 3
  • Unit1 Monthly Rent: 2100.00
  • Beds Unit2: 2
  • Baths Full Unit2: 2
  • Unit2 Monthly Rent: 1750.00
  • Beds Unit3: 2
  • Baths Full Unit3: 2
  • Unit3 Monthly Rent: 1750.00
  • Total Taxes: $235
  • Listing Area: Philadelphia – 19121
  • Subdivision: Brewerytown
  • Listing ID: 7018563
Courtesy of Re/Max Platinum-Philadelphia
Copyright 2018, TREND. All Rights Reserved.
Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.