122 E HORTTER Street

Philadelphia, PA 19119

$11,400,000
Commercial

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

Single-family new development: Introducing the 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, finished basement, rooftop terrace. The location is walkable to Germantown Avenue's many 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 Q422. Easy access into Downtown Philly and University City and major suburban employment districts in Greater Philadelphia.
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PROPERTY DETAILS

  • Exterior
    .87 Acres
  • Property Type
    Commercial
  • MONTHLY REAL ESTATE TAX
    $345
  • ANNUAL REAL ESTATE TAX
    $4,143
  • Year Built
    2022
  • MLS/Listing ID
    paph2063218

BUILDING/PROPERTY DETAILS

  • Brick
  • New Construction
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Listing Courtesy of Compass Pennsylvania, LLC, Ryan J McManus - 2673805813

LOCATION

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TRAVEL TIMEFROM122 E Hortter Street
TYPE OF TRANSPORTATION