1100-00 S 27TH STREET Overview
- Time on Site:
- 110 days
- Visits:
- 0
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. 7.6% PRO FORMA CAP. MAKE YOUR MOVE.
1100-00 S 27TH STREET Facts & Features
- Type Multi-Family
- Sq. ft. 4,340
- Price/Sq.ft. $253
- Lot 0.02 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: Yes
- Pool: No Pool
- Total SQFT: 4340
- Year Built: 2023
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19146 (19146)
Parking Information
- Type of Parking: Off Street
Tax Information
- City/Town Tax: 1066.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 1357.00
- Tax Annual Amount: $2,423.00
- Tax Assessed Value: 173160.00
- Tax Year: 2025
General Information
- Property Condition: Excellent
- Property Sub Type: Other
- Property Type: Multi-Family
- Rent Control: No
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: I2
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Detached
Building Interior
- Above Grade Finished Area: 4340
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Fireplace: No
- Foundation Details: Other
- Living Area: 4340
- Living Area Source: Assessor
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 3
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 31.00 x 35.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1085.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Unit/Flat
- Construction Materials: Brick
General Information
- Number Of Units Leased: 4
- Number Of Units Total: 4
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
1100-00 S 27TH STREET Neighborhood
Community
19146 (PHILADELPHIA) Demographics
1100-00 S 27TH STREET Monthly Cost
1100-00 S 27TH STREET Market Data
Based on the last 30 days in this zip code
1100-00 S 27TH STREET History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: BRIGHT MLS | $1,100,000 -2.2% |
|
| 4/30/2026Source: BRIGHT MLS | $1,125,000 -6.2% |
|
| 3/12/2026Source: BRIGHT MLS | March 12, 2026 |
Contact Information: [email protected] - 6093995454