1620-22 N Bailey Street Philadelphia, PA $ 1,200,000
1620-22 N Bailey Street
$ 1,200,000
Recently Listed New Construction
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1620-22 N Bailey Street

Philadelphia, PA, 19121
$ 1,200,000
Bedrooms-- Baths-- Sq 6,300

Monthly Estimate*

$ 7,389

1620-22 N Bailey Street, Philadelphia, PA 19121 - Image 1

Commercial Property for sale in Philadelphia, PA

for $1,200,000. This 6,300 square foot building was built in 2026 on a lot size of 0.05.

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 todays 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 Philadelphias 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.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 1,093

Style

Apartment Building

Lot Size

0.05

Year Built

2026

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2619824

Features
Interior
Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N N
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General
Sewer Private Sewer
Heating Other
Cooling Ductless/Mini-Split
Possession Immediate
Roof Rubber
Zoning RSA5
Security Features Exterior Cameras
Construction Materials Metal Siding
Year Built 2026
Electric 200+ Amp Service
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions N 5th to L on Callowhill right on Ridge Left on W Oxford Right on Bailey
City PHILADELPHIA
Number Of Units Total 6
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 2363.00
Tax Annual Amount 1093.0
Property Condition Excellent
Price Per Sq Ft Total AG 190.48
Acceptable Financing Cash Conventional FHA
Construction Completed Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 383
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Exterior
Parking Features Private
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 6300.00
Lot Dimensions 27.00 x 88.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 78100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1620
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* Excluded Features
List By
Bhhs Fox & Roach-Center City Walnut

Broker

vyosef5@gmail.com

Email

Affordability Calculator

$7,480
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$91
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$1,200,000 Listed Price

Map


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1620-22 N Bailey Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $1,200,000 with 6,300 sqft and a lot size of 0.05. 1620-22 N Bailey Street was built in 2026. The property's zip code is 19121 which is in Philadelphia, PA