NOT LISTED FOR SALE
-- Bed
-- Bath
12,000 Sq Ft
2,415 Sq Ft Lot

Last Sold March 19, 2019

Last sale price $6,105,000 $509 Per Sq Ft

Highlights

  • 0.06 Acre Lot
  • 4-minute walk to 22Nd Street
  • En-Suite Primary Bedroom
  • Wood Flooring
  • No HOA
  • 5-minute walk to Schuylkill Banks

About This Home

As of March 2019

Rare Opportunity to own a trophy property in the heart of Rittenhouse Square! Brand new construction 6 story building with 10 units; 9 residential apartments and 1 commercial space at the corner of 22nd amd Walnut. Building was completed in 2018 and all residential units are full rented and occupied. Each unit features: gourmet kitchen with Shaker-style cabinets, stainless steel appliances, quartz counters and a custom tile backsplash; hardwood floors; over-sized closets; washer/dryer in-unit; spa-like bathrooms with high-end fixtures. Situated just steps from great restaurants and shopping, and close to Rittenhouse Square Park. Located in the Greenfield Catchment. 10 Year tax abatement. This is a turn key investment opportunity.

Last Agent to Sell the Property

Noah Ostroff

(215) 607-6007 info@phillyliving.com KW Empower License #RS308424 Listed on: 08/20/2018

KW Empower

Last Buyer's Agent

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,250

Year Built

  • Built in 2017

Lot Details

  • 2,415 Sq Ft Lot
  • Lot Dimensions are 35x69
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 12,000 Sq Ft Home
  • Elevator
  • Laundry in unit

Flooring

  • Wood
  • Tile or Brick

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Rittenhouse Square Subdivision

Building Details

  • Operating Expense $10,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,250

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Elevator
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 12000
  • Living Area Sq Ft: 12000
  • Price Per Sq Ft: 562.50
  • Above Grade Finished Sq Ft: 12000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: CA0
  • Lot Size Acres: 0.06
  • Lot Dimensions: 35X69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2415.00
  • Property Condition: Good
  • Zoning: RMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Tax Annual Amount: 10250.00
  • Assessor Parcel Number: 0000
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/19/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $6,105,000 -9.6% $509 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
09/28/2018 09/28/18 Price Changed $6,750,000 -3.5% $563 / Sq Ft
08/20/2018 08/20/18 For Sale $6,995,000 -- $583 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002271988

Bright MLS

APN: 88-1585800