1327-29 1327-29 N 18th St - Multi-Family FOR SALE


Philadelphia, PA 19121- North Philadelphia West
$975,000 USD
215-607-6007
1327-29 1327-29 N 18th St, Philadelphia, PA for Sale
$975,000 USD
Multi-Family - FOR SALE
1/20
null | 12.5% Cap Rate

1327-29 1327-29 N 18th St
Philadelphia, PA 19121
North Philadelphia West


HIGHLIGHTS

  • Projected Gross Income: $156,000 annually
  • Stabilized Value @ 8% Cap: $1,625,360
  • Builder & Management Company Ready

OVERVIEW

Turnkey Investment Opportunity – 5-Unit New Construction in Prime Francisville Corridor 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: $121,902 Estimated Cap Rate (Stabilized): 11.08% Stabilized Value @ 8% Cap: $1,625,360 ?? Turnkey Support Included: - A reputable, high-quality builder is ready to complete the remaining ~$100K worth of work - 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.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$119 USD /SF

# OF UNITS

5

PRICE/UNIT

$195,000

CAP RATE

12.5%

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Francisville | 5 Unit | 85% Complete

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,179 SF

ZONING

-

APN/PARCEL ID

471288610

ASK ABOUT THIS PROPERTY

Rich CassellKW EmpowerMore Info
215-607-6007

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Rich CassellKW EmpowerMore Info
215-607-6007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.