122 E Hortter Street Philadelphia, PA $ 10,906,000
122 E Hortter Street
$ 10,906,000
New Construction
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122 E Hortter Street

Philadelphia, PA, 19119
$ 10,906,000
Baths0.0 Sq 57,000

Monthly Estimate*

$ 76,182

122 E Hortter Street, Philadelphia, PA 19119 - Image 1
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122 E Hortter Street, Philadelphia, PA 19119 - Image 9
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122 E Hortter Street, Philadelphia, PA 19119 - Image 13
122 E Hortter Street, Philadelphia, PA 19119 - Image 14
122 E Hortter Street, Philadelphia, PA 19119 - Image 15
Studio

Commercial Property for sale in Philadelphia, PA

for $10,906,000. This 57,000 square foot building was built in 2022 on a lot size of 0.87.

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.

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Commercial Active

Price

$ 10,906,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,143

Style

Lot Size

0.87

Year Built

2022

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2063218

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Roof Fiberglass
Zoning RSA5
Construction Materials Brick
Year Built 2022
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Other
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Commercial Sale
Subdivision Name MT AIRY
Water Access Y/N N
Status ACTIVE
Directions USE GPS
City PHILADELPHIA
Buyer Agent Compensation 2.25
Total Units 19
MLS Area 19119 (19119)
Lot Size Square Feet 37900.00
Waterfront Y/N N
Street Name HORTTER
Tax Annual Amount 4143.0
Property Condition Excellent
Price Per Sq Ft 191.33
Construction Completed Y/N N
Vacation Rental Y/N N
Days on Market 829
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 118
Cap Rate 6.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Private Paved Parking Surface
Lot Features Flag
Water Source Public
Type of Parking Parking Lot Private Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 57000.00
Lot Dimensions 30.50 x 342.75
Lot Size Acres 0.87
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 296000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 122
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

ryan@agentphl.com

Email

Affordability Calculator

$76,527
Per Month
100%
0%
0%
Monthly Principal & Interest
$76,182
Monthly Property Taxes
$345
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2023$10,906,000 -4.33% Price Down
1/24/2022$11,400,000 Listed Price

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122 E Hortter Street, Philadelphia, PA, 19119 is a Commercial Property for sale at $10,906,000 with 57,000 sqft and a lot size of 0.87. 122 E Hortter Street is a studio with 0.0 baths and was built in 2022. The property's zip code is 19119 which is in Philadelphia, PA