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Listed price in listed location currency (USD).
$1,200,000

000

MLS® PAPH2593342

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4340 sqft
Garage No
HOA Fees 
Taxes $2,423
Days Active 0
Approx. Age 2023
Avg. Price Per Sqft $276
MLS® Number PAPH2593342

Property Address: 1100 S 27th St, Philadelphia, PA, 19146-3819

Average square foot calculated using Size range provided by listing agent.

Description

1100 S 27th Street is a prominent, turnkey corner multifamily asset positioned at the gateway to 19146—one of Philadelphia’s most consistently top-performing zip codes for both rental demand and residential sales. Immediate access to I-95, Washington Avenue, Center City, and University City, places it squarely within the city’s primary employment, education, and medical corridors. The surrounding area is undergoing tangible, large-scale transformation, supported by billions of dollars in active and planned institutional investment from CHOP, Penn, HUP, and the Pennovation ecosystem. The recently completed $48 million “Christian to Crescent” extension of the Schuylkill River Trail—featuring a striking 650-foot cable-stayed bridge—now directly connects Center City to Grays Ferry and is visible from the property, further enhancing long-term desirability and connectivity. Daily amenities and retail are immediately adjacent—including Fresh Grocer, Chase Bank, and neighborhood services— while the property remains walkable to Graduate Hospital, Point Breeze, Rittenhouse Square, and neighboring high-demand neighborhoods. In-place performance reflects strong market positioning, with average rents of $1.84/SF and $1, 600 per unit, offering a clear runway for continued rent growth. Anchored by ±1, 000 SF of ground-floor commercial space (plus basement storage), 1100 S 27th provides a durable income stream through long-term NNN tenancy with contractual rental escalations and extension options. The residential units are currently leased below market, representing approximately 12% loss-to-lease upside. The building features open-concept layouts, sun-filled interiors, and modern finishes throughout, including: Contemporary kitchens and sleek bathrooms, In-unit washer/dryers, LVP flooring and flush-mount lighting, High ceilings and efficient units. These features consistently command tenant attention and support durable leasing velocity — paired with low operating expenses, Full 10-Year Tax Abatement in Place (±7 years remaining). 1100 S 27th Street presents a rare opportunity to acquire a low-expense, tax-advantaged multifamily asset in a supply-constrained submarket with visible catalysts for continued appreciation and income growth.
MLS® NumberPAPH2593342
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2023
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1100 S 27 Th St, Philadelphia, PA

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