$4,125,000
$30K PRICE DROP

Estimated payment $23,084/month

Total Views 15,711
-- Bed
-- Bath
16,026 Sq Ft
$257 Price per Sq Ft

About This Home

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.

Listing Agent

Jim Onesti

KW Empower Listed on: 03/27/2023

KW Empower

Co-Listing Agent

Evangeline Gambardella

KW Empower License #2332738

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 2021

Home Design

  • 16,026 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units
  • Brewerytown Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 291341902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,309

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2021
  • Remarks Public: 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.
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 16026
  • Living Area Sq Ft: 16026
  • Price Per Sq Ft: 257.39
  • Above Grade Finished Sq Ft: 16026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1517

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: SR
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 425.00
  • Assessor Parcel Number: 291341902
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,309 $839,700 $167,900 $671,800
2024 $2,309 $839,700 $167,900 $671,800
2023 -- $824,800 $164,960 $659,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Price Changed $4,125,000 -33.5% $257 / Sq Ft
08/14/2023 08/14/23 Price Changed $6,200,000 +50.3% $387 / Sq Ft
07/06/2023 07/06/23 Price Changed $4,125,000 +0.6% $257 / Sq Ft
07/06/2023 07/06/23 Price Changed $4,100,000 -1.3% $256 / Sq Ft
03/27/2023 03/27/23 For Sale $4,155,000 -- $259 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2217552

Bright MLS

APN: 291341902