For Sale

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

Driving Directions

W Oxford St. N 26th St. Jefferson St. N Stillman St.

Listing Details

Interior Features

Basement

•Unfinished

Exterior Features

•Mixed

Utilities

Cooling

•Central A/C, Electric

Heating

•Forced Air, Natural Gas

Hot Water

•Electric

Sewer

•Public Sewer

Water

•Public

Property History

Date

Change

Price

Oct 3, 2023

Price Decrease

$6,200,000 to $4,125,000 (-33.47%)

10/3/23

Price ↓

-$2,075,000

Aug 14, 2023

Price Increase

$4,125,000 to $6,200,000 (50.30%)

8/14/23

Price ↑

$2,075,000

Jul 6, 2023

Price Increase

$4,100,000 to $4,125,000 (0.61%)

7/6/23

Price ↑

$25,000

Jul 6, 2023

Price Decrease

$4,155,000 to $4,100,000 (-1.32%)

7/6/23

Price ↓

-$55,000

Mar 27, 2023

New Listing

3/27/23

New Listing

Miscellaneous

Assessment : 4,071,375 ^*

Zoning: Rm1

Lattitude : 39.978880

Longitude : -75.176700

MLS# : PAPH2217552

Listing Courtesy: Jim Onesti of KW Empower

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Notes

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.

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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.

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(*) Neither the assessment nor the real estate tax amount was provided with this listing. EveryHome has provided this estimate.