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New construction
  • $1,200,000

    1625 Point Breeze 27 Ave, Philadelphia, PA 19145

    5beds
    5baths
    4,506sqft
    : 
    Multi Family
    Built in 2018
    -- sqft lot
    $1,154,600 Zestimate®
    $266/sqft
    $-- HOA

    What's special

    High-end finishesPremium finishesLarge fenced backyardModern countertopsModern amenitiesPrivate basement storagePrivate basement space
    This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!
    202 days
    on Zillow
    |
    148
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2025 at 07:35am

    Listed by:

    Jennifer Grosskopf 215-498-4010,

    KW Empower 215-627-3500

    Source: Bright MLS,MLS#: PAPH2419398MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1625 Point Breeze 27 Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,506
    • Total interior livable area: 4,506 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,008 Square Feet
    • Dimensions: 32.00 x 67.00
    Details
    • Additional structures: Above Grade
    • Parcel number: 881450742
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • Excellent
    • New construction: Yes
    • Year built: 2018

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: Point Breeze
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $266/sqft
    • Tax assessed value: $1,000,000
    • Annual tax amount: $13,998
    • Date on market: 11/12/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Assumable,Cash,Conventional
    • Ownership: Fee Simple
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