1501 N Bailey St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:O'BRIEN REALTY ERA POWERED
1501 N Bailey St,Philadelphia, PA 19121
$999,999
  • 9 Beds
  • - Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: ryan j mcmanus, brandon ribeiro
Office: keller williams liberty place
MLS#:PAPH2565402
Source:BRIGHTMLS

Price summary

  • Price:$999,999
  • Price per sq. ft.:$200

About this home

Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.3% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime...

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Home facts

  • Year built:2019
  • Listing ID #:PAPH2565402
  • Added:161 day(s) ago
  • Updated:May 21, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:9
  • Kitchen Description:Combination Kitchen/Living, Dishwasher, Disposal, Energy Efficient Appliances, Kitchen - Island, Oven - Single, Recessed Lighting, Refrigerator, Stainless Steel Appliances
  • Basement:Yes
  • Basement Description:Full
  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2019
  • Building area:5,000 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Brick
  • Foundation Description:Permanent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$200
  • Tax amount:$3,130 (2020)

Features and amenities

  • Amenities:Recessed Lighting, Sprinkler System

Parking

  • Parking description:On Street

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