5-Unit Build | 85% Complete | 11.79% Cap |FULL 10-Yr Tax Abatement
Investor alert: a rare value-add opportunity just steps from the thriving Francisville corridor. Welcome to 1327-29 N 18th Street, a newly built 5-unit multifamily property offering over 8,100 sq ft of thoughtfully designed living space. Currently 85% complete, this project presents a unique opportunity to acquire new construction at a discount—with FULL 10-year tax abatement and projected double-digit cap rate upon stabilization.
Each of the five oversized 3-bedroom, 3-bathroom units is optimized for student housing or co-living, with large bedrooms, private balconies, a shared roof deck, and in-unit laundry.
Investment Snapshot:
Projected Gross Income: $156,000 annually
Projected NOI: $129,702
Estimated Cap Rate (Stabilized): 10.40%
Stabilized Value @ 7.5% Cap: $1,625,360
OM has detailed construction budget
Turnkey Support Included:
- A reputable, high-quality builder is ready to complete the remaining $222,000 worth of work *OM has detailed construction budget*
- A trusted, professional property management company is on standby to lease and manage the building upon completion
- Pro forma and floor plans available upon request
Perfectly positioned off the main Francisville corridor, this building sits near universities, public transit, and major redevelopment zones—ensuring long-term tenant demand and appreciation potential. Don’t miss your chance to own a high-yield, tax-abated building in one of Philadelphia’s fastest-growing neighborhoods. Reach out today to walk the site and secure this rare opportunity.