Listed By:
KW Empower
Address
1517-1523 N Stillman Street, Philadelphia, PA
Price
$ 4,125,000
Property Attributes
  • MLS#PAPH2219006
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • NeighborhoodBrewerytown
  • Zip19121
  • StyleApartment Building
  • Year Built2021
  • Taxes$ 2309
  • Price$ 4,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16026
  • Lot Size1,742 SqFt
Data Source:
Bright MLS
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, Brewerytowns 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.

Price History
3/30/2023 Listed $4,155,000
7/6/2023 2% - $4,100,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RM1
Construction Materials Mixed
Year Built 2021
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name BREWERYTOWN
Water Access Y/N No
Status ACTIVE
Directions W Oxford St. N 26th St. Jefferson St. N Stillman St.
ModificationTimestamp 2024-04-16T12:28:16
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 17
MLS Area 19121 (19121)
Lot Size Square Feet 1584.00
Tax Assessed Value 164960.0
Waterfront Y/N No
Street Name STILLMAN
Tax Annual Amount 2309.0
Price Per Sq Ft 257.39
Vacation Rental Y/N No
Days on Market 398
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Type of Parking None
Land Use Code SR
Water View Y/N No
Building Area Total 16026.00
Lot Dimensions 0.00 x 88.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 164960.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19121

Price
AVG $860K
$4.13M
Taxes
AVG $4,033
$2,309
Visits
AVG 168
646
Data Provided by Inside Real Estate®
Year Built
AVG 1938
2021
Walkscore
AVG 72
50
Data Provided by Walkscore® not using MLS data

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