Views - New Construction
Address
122 E Hortter Street, Philadelphia, PA
Price
$ 10,906,000
Property Attributes
- MLS#PAPH2071560
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19119
- NeighborhoodMt Airy
- Zip19119
- StyleContemporary
- Year Built2024
- Taxes$ 4143
- Price$ 10,906,000
- Bedrooms57
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.87 Acres
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 1/24/2022 | Listed $11,400,000 |
| 10/11/2023 | 5% - $10,906,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | Settlement |
| Roof | Fiberglass |
| Zoning | RSA5 |
| Garage Spaces | 19.00 |
| Pool Y/N | No Pool |
| Architectural Style | Contemporary |
| Construction Materials | Brick |
| Year Built | 2024 |
| View | City |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | Yes |
| Property Type | Multi-Family |
| Subdivision Name | MT AIRY |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Status | ACTIVE |
| Directions | USE GPS |
| ModificationTimestamp | 2023-12-19T16:21:39 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.25 |
| Total Units | 1 |
| MLS Area | 19119 (19119) |
| Lot Size Square Feet | 37900.00 |
| Tax Assessed Value | 296000.0 |
| Waterfront Y/N | No |
| Street Name | HORTTER |
| Tax Annual Amount | 4143.0 |
| Home Warranty Y/N | Yes |
| Property Condition | Excellent |
| Structure Type | Other |
| Price Per Sq Ft | 191.33 |
| Construction Completed Y/N | No |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 57000 |
| Days on Market | 815 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 118 |
| Total Actual Rent | 798000.00 |
| Cap Rate | 6.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Partially Finished |
| Flooring | Hardwood |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 19 |
Exterior Features
| Parking Features | Private,Paved Parking,Surface |
|---|---|
| Lot Features | Flag |
| Water Source | Public |
| Total Parking Spaces | 24 |
| Garage Features | Garage - Front Entry |
| Type of Parking | Parking Lot,Attached Garage |
| Land Use Code | SR |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 30.50 x 342.75 |
| Lot Size Acres | 0.87 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 296000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Attached Garage Spaces | 19 |
| LotDimensionsSource | Estimated |
| Parking Lot - # of Spaces | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19119
Price
Taxes
Visits
Year Built
Walkscore
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All or a portion of the multiple listing information is provided by the Williamsburg Multiple Listing Service, LLC, from a copyrighted compilation of listings. All WMLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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Last Updated: April 25, 2024 4:12 AM UTC
