Philadelphia | 9-Unit Apartment Building | 2024 Built

1616 N Bailey St, Philadelphia, PA 19121

Property Information

  • 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. 

Contacts

Location

Located at 1616 N Bailey St, Philadelphia, PA 19121, this property is part of the Brewerytown neighborhood.

Contact Listing Broker
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