Bought with Shaina Levin • Coldwell Banker Realty
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22 E RITTENHOUSE ST Philadelphia, PA 19144
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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
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