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1517-1523 N Stillman St Philadelphia, PA 19121

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For Sale
$4,125,000

17-unit multifamily portfolio in Brewerytown with tax abatement.

Lot size:
0.04 Acres

Property Features for 1517-1523 N Stillman St

General Information

Standard status
Active
Lot size
0.04 Acres

Building Details

Year built
2021

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Listing Contact
Jim Onesti
Source: Exitrealty

Listing Agency: Brandon Listing Agent: Jim Onesti

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Brewerytown Multifamily Investment Opportunity

The Stillman Portfolio presents an opportunity to acquire a 17-unit multifamily portfolio, consisting of four buildings, located in Brewerytown. This new construction development is positioned for growth and potential rent increases. The four buildings benefit from a tax abatement with nine years remaining and require no capital improvements. The portfolio includes three two-bedroom, one-bathroom units and fourteen two-bedroom, two-bathroom units. All units feature luxury finishes, including engineered wood flooring, quartz countertops, and stainless steel appliances in the kitchens. Modern tech upgrades are present throughout, including built-in surround sound speakers, a video doorbell system, and smart thermostats. Tenants have access to a shared fenced-in outdoor area and a community roof deck with parapet walls for privacy. The Stillman Portfolio is within walking distance of restaurants, cafes, and shops on Girard Avenue, Brewerytown’s commercial corridor. It is also in close proximity to the Philadelphia Museum of Art, Temple & Drexel University, Eastern State Penitentiary, the Schuylkill River Trail, and Fairmount Park. The location offers accessibility to Center City and surrounding suburbs via Girard Avenue, I-76, and I-676, as well as public transportation options.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.1767087
Latitude
39.9788823

FAQs

What type of property is this?
Apartment building - 17-unit multifamily portfolio in Brewerytown with tax abatement.
Where is this apartment building located?
The property is located at 1517-1523 N Stillman St Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,125,000.
What are key features of this property?
This property features: - New construction (2021) 17-unit multifamily portfolio in Brewerytown.; - Nine years remaining on tax abatement.; - **Luxury finishes throughout all units**: engineered wood flooring, quartz countertops, stainless steel appliances.
More about this property
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