122 E HORTTER ST $11,400,000

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    122 E HORTTER ST PHILADELPHIA, PA 19119

    • 57,000 sq. ft.
    • 0.87 Acres
    • Commercial
    • MLS# PAPH2063218
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    Views: 190 Days On Site: 126

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    Property Details

    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.

    • General Features
      • County PHILADELPHIA
      • Municipality PHILADELPHIA
      • New Construction Y/N Y
      • Sale Type Standard
      • Tax Annual Amount 4143.00
      • Tax Year 2022
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 2022
      • Zoning RSA5
    • Building Features
      • Building Total SqFt 57000.00
      • Building Units Total 19
      • Business Type Other
      • Cooling Fuel Natural Gas
      • Cooling Type Central A/C
      • Foundation Details Concrete Perimeter
      • Garage Y/N N
      • Heating Fuel Natural Gas
      • Heating Type Central
      • Roof Fiberglass
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 24
    • Property Features
      • Lot Size Acres 0.87
      • Lot Size Dimensions 30.50 x 342.75
    • Schools
      • School District THE SCHOOL DISTRICT OF PHILADELPHIA

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    Neighborhood

    19119 (PHILADELPHIA) Demographics

    43 Median Age
    8,691 Population Density (per sq. mile)
    56% College Educated
    $64,237 Estimated Median Income
    7,600 Estimated Total Home Owners
    4,185 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    28,192 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $350,000 Median Sales Price
    39 Homes Sold
    54 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $11,400,000
        1/23/2022 11:42:00 AM New in Database Source: Multiple Listing Service New Value: $11,400,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2022 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.