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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.
| DAYS ON MARKET | 416 | LAST UPDATED | 10/3/2023 |
|---|---|---|---|
| TRACT | BREWERYTOWN | YEAR BUILT | 2021 |
| COMMUNITY | 19121 (19121) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 6, '23 | $4,155,000 |
|---|---|
| Jul 6, '23 - Jul 6, '23 | $4,100,000 |
| Jul 6, '23 - Aug 14, '23 | $4,125,000 |
| Aug 14, '23 - Oct 3, '23 | $6,200,000 |
| Oct 3, '23 - Today | $4,125,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19121 (19121) |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| HEAT | Forced Air, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 0.00 x 88.00 |
| SEWER | Public Sewer |
| SUBDIVISION | BREWERYTOWN |
| TAXES | 2309 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
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