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MLS: #PAPH2593342, Listed By: Ryan McManus, Keller Williams Liberty Place, Source:Bright MLS

1100 S 27th Street

PHILADELPHIA, PA 19146
Mark as Favorite
Bed 6

Bed

Bath 0

Bath

SqFt4,340

Sqft

Acres0.02

Acre(Lot)

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 visib le 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. 7.6% PRO FORMA CAP. MAKE YOUR MOVE.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 76108715

MLS Id : PAPH2593342

Beds : 6

Lot Size : 0.02 Acre

Living Area Size : 4,340

Year Built : 2023

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 6
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2023 Building Area Total: 4340 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 31.00 x 35.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 1085

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 871548675 Tax Lot: 47 Tax Year: 2025 Annual Tax: $2423

  • Parking Information

    Off Street

  • Location Information

    Direction: gps WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1508 S Broad St, Philadelphia, PA, 19146 $729,000 4 -- 3,105 3,105 SqFt
1438 Federal Street, Philadelphia, PA, 19146 $990,000 11 -- 5,174 5,174 SqFt
767 S 15th Street, Philadelphia, PA, 19146 $1,050,000 7 -- 2,776 2,776 SqFt
1250 S 15th Street, Philadelphia, PA, 19146 $499,900 3 -- 2,217 2,217 SqFt
1539 South Street, Philadelphia, PA, 19146 $845,000 3 -- 2,084 2,084 SqFt
1637 Carpenter Street, Philadelphia, PA, 19146 $1,200,000 6 -- 3,460 3,460 SqFt
1645 Ellsworth Street, Philadelphia, PA, 19146 $499,000 3 -- 1,851 1,851 SqFt
751 S 17th Street, Philadelphia, PA, 19146 $2,000,000 9 -- 2,853 2,853 SqFt
919 S 17th Street, Philadelphia, PA, 19146 $524,500 -- -- 3,204 3,204 SqFt
1713 South Street, Philadelphia, PA, 19146 $855,000 2 -- 1,920 1,920 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 02:55

MLS: PAPH2593342 LISTED BY: Ryan McManus, Keller Williams Liberty Place 609-399-5454 SOURCE: Bright MLS

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