85 Sharpnack StPhiladelphia, PA 19119

Property Details for 85 Sharpnack St

Year built

2022

Property size (Sq ft)

12,720 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

Exceptional investment opportunity in Philadelphia's desirable Mount Airy neighborhood. This turnkey, 9-unit apartment building boasts three contiguous, three-story buildings, each featuring two 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. All units offer high-end finishes including quartz countertops, LVP flooring, and stainless-steel appliances. Residents enjoy private parking and access to panoramic rooftop terraces. The property totals 12,720 square feet and is currently 100% occupied, generating a strong return on investment. Located near Germantown Avenue's vibrant commercial corridor, it offers easy access to Center City and University City via public transportation or car. Benefiting from a 10-year tax abatement, this property presents a rare opportunity in a high-growth rental submarket. The property is zoned RSA5. Further due diligence is recommended by the buyer to verify taxes, square footage, and financials.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0513

Longitude

-75.1826

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