- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 10,000 SF
- Units 9
- # of Floors 4
- Building Class C
- Year Built 2024
- Date Updated Jun 9, 2026
Description
Investment Highlights
- 2024 construction in the Brewerytown neighborhood of Philadelphia, a 19121 ZIP submarket with direct access to Center City, Temple University, and East Fairmount Park
- Full ten-year Philadelphia tax abatement in place through 2034, reducing real estate tax exposure across the early hold period
- All two-bedroom unit mix across nine apartments, six 2BR/1BA and three 2BR/1.5BA, averaging 783 square feet per unit
- High-end interior finish package with stainless appliances, subway tile, hardwood flooring, central HVAC, and in-unit washer/dryers in every apartment
- Six covered parking spaces, secured entry, elevator, bike room, and shared rooftop deck included in the building amenity package
- Half mile to Girard Avenue transit hub, approximately one mile to I-76 on-ramps, and roughly two miles to Center City Philadelphia
- Lamar P. Fisher Fisher Auction Company Inc. License: AU005925. Starting Bid $600,000.
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Contacts
RI Marketplace Marketing
RealINSIGHT Marketplace
Location
Located at 1616 N Bailey St, Philadelphia, PA 19121, this property is part of the Brewerytown neighborhood.
Contact Listing Broker
RI Marketplace Marketing
RealINSIGHT Marketplace