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1620 22 N Bailey Street, Philadelphia, PA 19121

$1,200,000
  • 1620 22 N Bailey Street, Philadelphia, PA 19121 Main Photo

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ACTIVE
MLS#PAPH2619824
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLPHILADELPHIA CITY

Property Description

Exceptional investment opportunity to acquire a newly constructed 6-unit multifamily asset in a rapidly developing section of Philadelphia. Ideally positioned just 2 miles from major hospitals, minutes from Fairmount Park, and within walking distance to popular dining and neighborhood amenities, this turnkey property is designed to attract strong tenant demand and long-term rental stability. The building features thoughtfully designed modern residences with high-end finishes throughout, including contemporary two-tone kitchens, stainless steel appliances, Calacatta quartz countertops, recessed LED lighting, oversized casement windows, luxury vinyl flooring, and in-unit washer/dryers in every apartment. Select units offer eat-in kitchen bars, private balconies, walk-in showers, and access to roof deck space, creating premium appeal for today’s renters. Spacious bedroom layouts and ample closet space further enhance tenant retention potential. This asset presents an ideal opportunity for investors seeking low-maintenance new construction with strong income potential in one of Philadelphia’s growing rental corridors. With modern systems, efficient layouts, and luxury-style finishes, the property offers reduced near-term capital expenditure exposure and strong positioning for market-rate rents. Additional income potential is available through two on-site parking spaces leased separately at $100 per month each. Whether added to an existing portfolio or acquired as a stabilized long-term hold, this newly built multifamily property combines location, quality construction, and desirable amenities to create a compelling investment opportunity in the Philadelphia market.

1620 22 N Bailey Street | MLS# PAPH2619824

This commercial property located at 1620 22 N Bailey Street, Philadelphia, PA 19121 is currently listed for sale with an asking price of $1,200,000. 22 N Bailey Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Commercial -
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Lot Size: 0.05 Acres
Roof Type: Rubber
Taxes: $1,093
Year Built: 2026

Feature Descriptions

Days on Site: 22
Electric: 200+ Amp Service
Exterior: Metal Siding
Flooring: Luxury Vinyl Plank
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Private
Sewer: Private Sewer
Total Garage/Parking Spaces: 2
Units: 6
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: BHHS Fox & Roach-Center City Walnut
Agency Phone: 2156276005

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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