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1501 N 31st Street Ph15 , Philadelphia, PA 19121
$475,000
Est. Payment: $2,566.03/mo
2 Bed
2 Bath
1091 Sqft
Status: active | Days on site: 36
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House Description

Welcome Otto on the Park, a vibrant community in the heart of Brewerytown! Penthouse 15 is an elevated, modern retreat with an aesthetic that feels entirely original. The space is distinctive, whimsical and unlike anything else. Combining functional comfort with refined sophistication, this 1,091-square-foot residence includes 2 bedrooms, 2 full bathrooms, and the incredible added value of 5 years remaining on full tax abatement. Upon entering, experience a kitchen with stylish black-and-white finishes, smoke grey Samsung appliances and penny round tile backsplash that perfectly frame a free standing range hood. The appliances are superb, highlighted by a 5 burner gas cooktop and range that truly elevate the culinary experience. The layout centers around a large island with waterfall Quartz countertops with comfortable seating, and seamlessly connects the kitchen and living area. Rich hardwood floors are found throughout the home, and work beautifully to offset a selection of modern lighting throughout. What is less noticeable is the amazing amount of storage found in every corner of the property, like custom built in millwork at the living room window seat, it is utilitarian and a clever use of space. Touring the home, find customized wallpaper, bathroom tile, flooring, and design elements that speak to a contemporary aesthetic. The guest bedroom is configured as a day lounge, and offers great flexibility and can be easily used as a bedroom, office, media room and more. The primary suite is bright and expansive, complete with dual closets, and windows that are practically floor to ceiling, ensuring a bright and airy palette. The ensuite bath includes tasteful tiling throughout, fog free vanity mirror, floating vanity, and custom shower sprayer accessories. Utility benefits include in-unit washer and dryer, high efficiency mechanical systems and intercom system. The highlight of the residence is a magnificent private rooftop deck, accessed via a petite balcony off the living room. The staircase to the roofdeck is seemingly built right into the facade of the building, and upon reaching the top, the viewer is rewarded with sweeping views of the Philadelphia skyline, a truly beautiful backdrop for entertaining or unwinding with the sunset. The deck is private and generous, and includes maintenance free Trex decking, water hose bib and parapet wall lighting. Otto on the Park is comprised of two buildings that frame a gated parking area, and this home includes one deeded parking space with EV charging that's separately metered. The building entrance features a gracious port cochere with keypad entry and elevatored lobby complete with a mural created by a local artisan. There is also a common resident roofdeck, entertaining area with outdoor kitchen and pergola, and fenced dog run, equally perfect for socials and Fido. With low HOA fees and a fantastic location, you’re just steps away from Fairmount Park, Kelly Drive, shopping, entertainment, and more. Commuting is a breeze, with close access to I76 and just minutes from Center City Philadelphia. This is truly a one of a kind space, come visit and make it yours!

Highlights

Listed by Thomas S Dilsheimer , 6103891482 Compass Pennsylvania, LLC , 6108223356. Bright MLS

Property Type

Residential

HOA Fee

651 Monthly

Year Built

2024

County

Philadelphia

Area

19121 (19121)

Neighborhood

Brewerytown

School District

Philadelphia City

Listing ID

PAPH2667356

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Built-In Microwave, Dishwasher, Intercom, Oven/Range - Gas, Range Hood, Stainless Steel Appliances, Refrigerator
Air Cond:Central A/C
Fireplaces:
Floor:Hardwood,Ceramic Tile
Above Ground Sq Ft:1091
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional:Bathroom - Walk-In Shower, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors, Cats OK, Dogs OK, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:1
Zoning:IRMX
Roof:Flat
Others:
  • ▪ Additional:Roof Deck, Excellent, Elevator, Party Room, Common Area Maintenance, Ext Bldg Maint, Management
Sewer:Public Sewer
Parking Features:Private,Electric Vehicle Charging Station(s),Parking Lot,1+ Spaces
Principal Interest
$2,566
Taxes
$50
HOA
$651

Home Price

$475,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,566.03

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,566.03 $50.00 $651.00 $3,267.03
Yearly $30,792.39 $600.00 $7,812.00 $39,204.39
Total $923,771.60 $18,000.00 $234,360.00 $1,176,131.60
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS