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Listed by Ryan McManus • Keller Williams Liberty Place
$2,999,999
Est. payment /mo
5,600 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Brewerytown
MLS Listing ID PAPH2653028
Year Built 2017
Annual Tax Amount $10,000
Tax Year 2026
Lot Size 5,600 Sqft
Acres 0.13
Lot Dimensions 56.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Introducing 1221-27 N 27th: a 12 unit apartment building sited right off Girard Avenue in the popular Brewerytown section of Philadelphia, Pennsylvania — the top destination in the world to visit in 2026 (WSJ). This premier, 11,760 SF multifamily asset can be purchased in bulk with other nearby buildings on offer in The Fairmount/Brewerytown Portfolio (43 total units), or purchased separately on its own. Furthermore, the two buildings that make up 1221-27 27th can be sold as singular boutique 6-unit assets. The buildings are adjacent and operate as one community with two (2) Tax ID's. The light-filled, 2-bedroom apartments feature slick kitchens and baths, ceiling fans, oversized windows, high ceilings, pendant lighting, stainless appliances, washer-dryer combos and LVP flooring backed by high efficiency HVAC systems and mechanicals. The stately brick buildings command a strong architectural presence on the vibrant 27th Street corridor, while the location is unmatched. 1221-27 27th is instantly walkable to plentiful amenities along the Girard Ave corridor, Museums District, Schuylkill River Trail, Boathouse Row, and just steps from Fairmount Avenue's top restaurants and cafes, adjacent to Fairmount Park—the largest urban park in the USA. With all 12 units leased at market rate, this is an ideal 1031 exchange opportunity for $249k/unit in a top-10 USA MSA commercial real estate marketplace. Enquire within for financials and floorplans. 10 year tax abatement.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Water Access N
View City
Accessibility Ramp - Main Level
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881070220
Ownership Fee Simple
Security Features Exterior Cameras,Intercom
Special Listing Condition Standard
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Nearby School & Business
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