For Sale
$4,155,000

1517 Stillman StPhiladelphia, PA 19121

17-Unit Luxury Apartment Complex

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a 17-unit multifamily portfolio in Philadelphia's thriving Brewerytown neighborhood. The property, built in 2021, comprises four buildings totaling 16,026 square feet, offering a mix of 3 two-bedroom/one-bathroom and 14 two-bedroom/two-bathroom units. Each unit boasts luxury finishes including engineered wood flooring, quartz countertops, and stainless steel appliances. Modern technological upgrades such as built-in surround sound, video doorbells, and smart thermostats enhance the tenant experience. Residents enjoy a shared fenced outdoor area and a private community roof deck. The property benefits from a nine-year remaining tax abatement and requires no immediate capital improvements. Strategically located near Girard Avenue's vibrant commercial corridor, this portfolio offers easy access to numerous restaurants, cafes, shops, universities (Temple & Drexel), cultural attractions (Philadelphia Museum of Art, Eastern State Penitentiary), and recreational areas (Schuylkill River Trail, Fairmount Park). Excellent connectivity to Center City and surrounding suburbs is ensured via Girard Avenue, I-76, I-676, and various public transportation options. The asking price is $4,155,000, translating to $259.27 per square foot and $244,412 per unit. Note: Tax information and precise square footage should be independently verified by the buyer. Photos depict a representative unit at 1517 N Stillman Street.

Highlights

  • $4,155,000 asking price for a 17-unit multifamily apartment building.
  • 16,026 square feet, averaging $259.27 per square foot.
  • 17 units, priced at $244,412 per unit.
  • New construction (2021) four-story building with nine years remaining on the tax abatement.
  • Luxury finishes including engineered wood flooring, quartz countertops, and stainless-steel appliances.
  • Modern tech upgrades such as built-in surround sound, video doorbell, and smart thermostats.

Property Details for 1517 Stillman St

Property type
Apartment buildings
Square Feet
16,026 SF
Year Built
2021
Buildings
1
Stories
4
Units
17

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.97889
Longitude
-75.17671
1517 Stillman St, Philadelphia, Pennsylvania

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1517 Stillman St
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