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1217-23 N Hancock St
For Sale $3,600,000
$3,600,000
- Units
- Unknown Sq Ft
- 6,416 Sq Ft
- Unknown Cap Rate
Description
Discover an extraordinary investment opportunity at St. Johns Lofts, located at 1217 N Hancock St. This fully occupied, stabilized multi-family building features 12 top-of-the-line luxury apartments, meticulously renovated from the historic Hancock St Johns Church, originally constructed in 1855. Perfectly situated at the border of Fishtown and Northern Liberties, this prime location is ideal for those looking to enjoy the best of city living.
St. Johns Lofts seamlessly blends beautifully preserved historic architectural details with modern luxury. The building features a stunning work of stained glass dedicated to Anna Marie Jarvis, founder of Mother's Day, which graces the common areas. Each apartment showcases high-end finishes across a diverse mix of studios, one-bedroom, and two-bedroom units. The property benefits from a tax abatement in effect until the end of 2029, enhancing its investment potential, and offers an assumable loan at a competitive interest rate of 4.28%, making this opportunity even more attractive.
This exceptional building takes luxury, history, and convenience to the next level, making it a must-see for any savvy investor. Don’t miss your chance to own a piece of Philadelphia’s rich heritage while enjoying the benefits of a modern multi-family residence. Schedule your private showing today and explore the potential of St. Johns Lofts! Please reach out to listing brokers for offering memorandum.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,600,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1854 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 777190000 |
| MLS # | PAPH2428842 |
| Property ID | 318579843 |
| Lot Sqft | 6,416 |
| Zoning | R10A |
| Days on Market | 23 |
| Original List Price | Unknown |
| Date Updated | January 11, 2025 |
| Date Created | January 07, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $261,324 | $0 |
Listing Provided By
Stephen D. Stafford an agent of SDG Management, LLC. Lic #RM424801
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Data last updated: January 30, 2025.
Robert Crawford
REAL ESTATE AGENT