1100 S 27th St Philadelphia, PA 19146

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.