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MLS: #PAPH2414060, Listed By: Ryan McManus, Keller Williams Liberty Place, Source:Bright MLS

85 E Sharpnack Street

PHILADELPHIA, PA 19119

$2,450,000 $10,329/Mo

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Overview

Bed

Bath

12,720

Sqft

0.15

Acre(Lot)

Description

INTRODUCING: 85 EAST — This 9-unit gated new construction apartment community with parking is set back peacefully off the quaint cobbles of Germantown Avenue in Philadelphia’s historic Mount Airy neighborhood in NW PHL. It is a turnkey investment opportunity with an attractive 6% cap rate. Comprising 3 contiguous triplex buildings, 85 East features private parking and panoramic rooftop terraces for residents. Each building features two (2) 2bd x 1ba units on the 1st/2nd floors and one (1) 3bd x 2ba unit on the 3rd floor, with private access to the rooftop terrace. The interiors are outfitted with high-end finish kits including quartz countertops, LVP flooring, stainless-steel appliance packages, designer lighting and more. Bright, spacious and airy interiors provide a serene sense of calm inside the buildings. Walkable to Germantown Avenue’s commercial corridor lined with boutiques, shops, breweries, restaurants, cafes and historic structures, 85 East is connected to the fabric of Mount Airy’s eclectic lifestyle. Easy access into Center City and University City by train (3 minutes to Carpenter Station on Chestnut Hill West Septa line) or car (25 minutes to Center City), as well as suburban employment and entertainment districts. Walkable nearby amenities include: Mount Airy Tap Room, Acme, Lovett Memorial Library, Wawa, McMenamin’s, Jansen, Johnson House Historic Site, Weaver’s Way Co-op, Grocery Outlet, Young American Hard Cider and Tasting Room — as well as Wissahickon Valley Park, Chestnut Hill and Historic Germantown. 10 Year Tax Abatement—pay taxes on assessed land value rather than improvements. Minimal expenditures. High-growth rental submarket.

Property Details

Property Type : Residential Income

Price : $2,450,000

AD Id : 60958474

MLS Id : PAPH2414060

Beds : 21

Lot Size : 0.15 Acre

Living Area Size : 12,720

Year Built : 2022

County : PHILADELPHIA

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 21
Flooring Information

Vinyl
Roofing Information

Fiberglass
Interior Features

Roof: Fiberglass Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ductless, Electric

Building Information

Year Built: 2022 Building Area Total: 12720 Construction Materials: Brick Pool Features: None Private Pool: No View: Panoramic, City, Scenic

Lot Information

Lot Dimensions: 13.00 x 160.00 Lot Size Acres: 0.15 Lot Size Source: Estimated Lot Size Square Feet: 6750

Property Information

Subdivision: MT AIRY Source Property Type: Residential Income Postal Code Plus 4: 2292 Property SubType: Multi Family Property Age: 4

Listing Price Information

Listing Price: $2450000

Tax Information

Parcel Number: 221121700 Tax Lot: 42 Tax Year: 2024 Annual Tax: $2757

Parking Information

Driveway

Location Information

Direction: BETWEEN ROSS AND GERMANTOWN ON SHARPNACK WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
76 W Sharpnack Street, Philadelphia, PA, 19119	$369,000	4	--	1,500	1,500 SqFt
101 E Pleasant Street, Philadelphia, PA, 19119	$375,000	6	--	2,316	2,316 SqFt
145 E Durham Street, Philadelphia, PA, 19119	$399,500	3	--	2,386	2,386 SqFt

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ByOwner last updated this listing 06/11/2026 @ 17:38

MLS: PAPH2414060 LISTED BY: Ryan McManus, Keller Williams Liberty Place 609-399-5454 SOURCE: Bright MLS