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1221 N 27th St
Philadelphia, PA 19121
1221-27 N 27th · Multifamily Property For Sale
·
12 Units
Investment Highlights
- TOP 10 USA MSA - PHILLY
- TURNKEY RENTAL INVESTMENT
- CAN BE PURCHASED AS TWO (2) 6-UNIT BUILDINGS - TWO TAX ID'S, ONE COMMUNITY
- TOP DESTINATION IN WORLD TO VISIT 2026 - PHL, PA - WSJ
- 43 TOTAL UNITS ON OFFER IN PACKAGE (ENQUIRE WITHIN FOR PORTFOLIO PROPERTIES) - CRITICAL MASS
- MARKET RATE APARTMENTS - MINIMAL DEFERRED MAINTENANCE
Executive Summary
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.
Property Facts
| Price Per Unit | $250,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 12 | Building Size | 11,760 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2017 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RSA-5 | ||
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 11,760 SF |
| No. Stories | 3 |
| Year Built | 2017 |
| Opportunity Zone |
Yes |
| Zoning | RSA-5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 876 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,479,200 | |
| Land Assessment | $369,600 | Total Assessment | $1,848,800 |
Property Taxes
Parcel Numbers
Land Assessment
$369,600
Improvements Assessment
$1,479,200
Total Assessment
$1,848,800
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