Bought with Shaina Levin • Coldwell Banker Realty
$1,100,000
$1,100,000
For more information regarding the value of a property, please contact us for a free consultation.
4,140 Sqft Lot
SOLD DATE : 01/14/2026
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2506700
Sold Date 01/14/26
Year Built 2022
Annual Tax Amount $1,889
Tax Year 2024
Lot Size 4,140 Sqft
Acres 0.1
Lot Dimensions 0.00 x 82.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
New construction with 10-year tax abatement through 2032, low-maintenance income, major depreciation benefits, and Section 8 upside potential makes this multi-family dwelling the ultimate investor's trifecta. Welcome to 22 E. Rittenhouse, a newly constructed 6-unit multifamily building in one of Philadelphia's fastest-growing neighborhoods. This fully occupied property offers a rare combination of modern luxury and smart investment potential. Each spacious unit features high-end finishes, private balconies, and open-concept layouts designed for today's lifestyle. The building includes 4 covered parking spots, an oversized roof deck, secure entry, and quality construction throughout. With strong rental income and low-maintenance appeal, this is an ideal turnkey opportunity for investors seeking stability and growth in a red-hot market.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881206550
Ownership Fee Simple
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "