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$4,500,000
364 Days Online

30 E Rittenhouse Street
Philadelphia, PA 19144

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2021
Built
Subdivision:
Germantown
County:
Philadelphia

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30 E Rittenhouse Street30 E Rittenhouse Street30 E Rittenhouse Street30 E Rittenhouse Street
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Pre-CO QOZ (Opportunity Zone) 10-unit single family rental investment property in the blossoming community of Germantown in Philadelphia, Pennsylvania. Located right off the quaint cobbles of historic Germantown Avenue loaded with shops, restaurants and amenities and adjacent to Vernon Park, this boutique new construction residential community is purposefully built and optimally designed with 3bd x 2ba, 1800 SF townhomes with private roof decks and the ultimate urban luxury - parking. Build to rent property has become the fastest growing asset class for investors in the country as consumer preferences have adjusted in 2021 for homes with more space, outdoor environs, and suburban style. This is one of the last investment properties in Philly to deliver a full 10 year tax abatement. 7.48% cap rate. This northwestern submarket is primed for rent growth and appreciation as lifestyle tastes shift outward from the urban core. 30 Rittenhouse is Phase 2 of 2 in a mixed-use new development. Phase 1 includes six (6) apartments with parking which are also available.

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Listing Snapshot
Price 
$4,500,000
Days Online 
364 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
2021
MLS Number 
PAPH2027576
Status 
Active
Property Tax 
$1,131
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS
3 months agoStatus changed to Active
3 months agoPrice changed to $4,500,000
12 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Parking 
Private
Foundation 
Slab
Construction Materials 
Masonry
Zoning 
CMX2.5
Interior Features
Heating 
Central
Cooling 
Central A/C
Central Air 
Yes
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Community Features
Accessibility Features 
None
Listing courtesy of Compass Pennsylvania, LLC

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The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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