PA
PHILADELPHIA
PHILADELPHIA
19119
85 E SHARPNACK STREET
85 E SHARPNACK STREET, PHILADELPHIA, PA 19119
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Listing Type
Commercial/Industrial
Listing Status
active
47
$2,450,000

Home Details for 85 E SHARPNACK STREET

Price
$2,450,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2022
Lot size acres
0.15
County
PHILADELPHIA
Garage
Days on site
19
MLS Listing#
PAPH2385330
Property Description

INTRODUCING: 85 EAST — This 9-unit gated new construction apartment community with parking is set back peacefully off the quaint cobbles of Germantown Avenue in Philadelphia’s historic Mount Airy neighborhood in NW PHL. It is a turnkey investment opportunity with an attractive 6% cap rate. Comprising 3 contiguous triplex buildings, 85 East features private parking and panoramic rooftop terraces for residents. Each building features two (2) 2bd x 1ba units on the 1st/2nd floors and one (1) 3bd x 2ba unit on the 3rd floor, with private access to the rooftop terrace. The interiors are outfitted with high-end finish kits including quartz countertops, LVP flooring, stainless-steel appliance packages, designer lighting and more. Bright, spacious and airy interiors provide a serene sense of calm inside the buildings. Walkable to Germantown Avenue’s commercial corridor lined with boutiques, shops, breweries, restaurants, cafes and historic structures, 85 East is connected to the fabric of Mount Airy’s eclectic lifestyle. Easy access into Center City and University City by train (3 minutes to Carpenter Station on Chestnut Hill West Septa line) or car (25 minutes to Center City), as well as suburban employment and entertainment districts. Walkable nearby amenities include: Mount Airy Tap Room, Acme, Lovett Memorial Library, Wawa, McMenamin’s, Jansen, Johnson House Historic Site, Weaver’s Way Co-op, Grocery Outlet, Young American Hard Cider and Tasting Room — as well as Wissahickon Valley Park, Chestnut Hill and Historic Germantown. 10 Year Tax Abatement—pay taxes on assessed land value rather than improvements. Minimal expenditures. High-growth rental submarket.

Property Features
  • Cooling Information
    • Ductless
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Parking
    • Driveway
Listing Courtesy: Keller Williams Liberty Place - 609-399-5454
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Last Updated: 2025-09-13 13:15:29
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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