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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 4,125,000

Est. payment -/mo

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1517-1523 N STILLMAN ST Philadelphia, PA 19121

16,026 SqFt

UPDATED:

10/24/2024 07:10 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 16,026 sqft

Price per Sqft $257

Subdivision Brewerytown

MLS Listing ID PAPH2219006

Originating Board BRIGHT

Year Built 2021

Annual Tax Amount $2,309

Tax Year 2024

Lot Size 1,584 Sqft

Acres 0.04

Lot Dimensions 0.00 x 88.00

Property Description

Presenting this amazing opportunity to acquire the Stillman Portfolio of Brewerytown, a 17-unit, four-building multifamily portfolio located in Brewerytown. The Stillman Portfolio is a rare opportunity to purchase a new construction development uniquely positioned in the path of growth and poised to see significant rent increases in the proceeding years. The four buildings have nine years remaining on the tax abatement, and require no capital improvements. The portfolio consists of (3) two-bedroom and one-bathroom units and (14) two-bedroom and two-bathroom units. All units have luxury finishes throughout including engineered wood flooring, quartz countertops and stainless steel appliances in the kitchens. The units are equipped with modern tech upgrades with built-in surround sound speakers, a video doorbell system, and smart thermostats. There is a shared fenced-in outdoor area for tenants and a community roof deck with parapet walls for privacy. The Stillman Portfolio is located within walking distance to tons of restaurants, cafes, and shops on Girard Avenue, Brewerytown’s booming commercial corridor. The portfolio is within close proximity to the Philadelphia Museum of Art, Temple & Drexel University, Eastern State Penitentiary, the Schuylkill River Trail, and Fairmount Park. The location is easily accessible to and from Center City and surrounding suburbs via Girard Avenue, I-76, and I-676, and different public transportation methods. Taxes are not $0. Taxes and square footage is the responsibility of the buyer to have verified. Photos are of on unit at 1517 N Stillman.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 291341904

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Jim Onesti • KW Empower

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