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Property Description

Introducing Mount Airy Mews: a private community of 19 new construction rental homes in the coveted Mount Airy section of Northwest Philadelphia. Each home is optimally designed with 1-car garage, 3bd x 3ba layout, finished basement, rooftop terrace and grass rear yard. The location is walkable to historic Germantown Avenue’s plentiful amenities, shops, restaurants and cafes. The demand for high quality housing in Mount Airy is surging, with virtually no new construction townhomes available to rent or buy. Build-for-rent single family housing is the fastest growing asset class in the USA for 2022. Limited opportunities exist to acquire trophy, suburban styled new construction residential communities in Philadelphia. Full 10 year tax abatement. Enquire within for pro forma financials. Property to be sold upon completion in 2024. Easy access into Downtown Philly and University City and major suburban employment districts in Greater Philadelphia, as well as parks and popular outdoor amenities.

Features
: City
: Private, Paved parking, Surface
: Partially Finished
0
: Brick
: Hardwood
: Concrete Perimeter
19
Y
: Contemporary
: Natural Gas
: Natural gas
: Natural gas
0
: Flag
N
N
N
MLS Addon
Compass Pennsylvania, LLC
Ryan J McManus
Annually
Annually
801520770466
THE SCHOOL DISTRICT OF PHILADELPHIA
57,000 Acre
0
: Excellent
: Other
57,000 Acre
No
: Standard
$4,143
2023
RSA5
: Public Sewer
: Public

Multi-family

122 HORTTER STREET, PHILADELPHIA, Pennsylvania 19119

57,000 Acre
$10,906,000
Listing ID #PAPH2071560
Basic Details
Property Type : Multi-family
Listing Type : Residential Sale
Listing ID : PAPH2071560
Price : $10,906,000
Building Size (Sq. Ft.) : 57,000 Acre
Year Built : 2024
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19119
Status : ACTIVE
Subdivision Name : MT AIRY
Property Sub Type : Other
Price Per SQFT : $191
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