85 E Sharpnack St

$2,450,000
Price
Beds
Baths
12,720 Sq. Ft.
$193 / Sq. Ft.
12,720
Sq. Ft.
$193
per Sq. Ft.

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...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.
  1. Listed by Ryan J McManus • Keller Williams Liberty Place
    P: (610)-606-1095 ryan@agentphl.com
  2. Listed by Brandon Ribeiro • Keller Williams Liberty Place
    P: (267)-945-8167 brandon@agentphl.com

Property Details for 85 East Sharpnack Street

Tax ID Number
221121700
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Views
Panoramic, Scenic Vista, City
Garage
No
Subdivision
MT AIRY
LISTING UPDATED: 09/13/2025 02:50 PM

Property Details for 85 East Sharpnack Street

StatusActive
MLS #PAPH2414060
Days on Market423
Taxes$2,757 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2022
Lot Size0.15 AC / 6,750 SF
CountyPhiladelphia County

Location

Listing Courtesy of Keller Williams Liberty Place
Add your commute

Building Information for 85 East Sharpnack Street

Stories-Residences4Year Built2022Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$12,336 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,106

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 85 East Sharpnack Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19119 (19119)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $196,970
  • Year Assessed: 2024
  • City Town Tax: $1,213
  • Land Assessed Value: $196,970
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Historic: No
  • Zoning: RSA5
  • Tax Lot: 42
  • School Tax: $1,544
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 6
  • Three Bedroom Units Count: 3
  • Rent Control: No
Financial Information
Financial Information
  • Cap Rate: 6.00
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 13.00 x 160.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Flag
  • Location Type: Urban
  • Parcel ID: 1012070
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 85 East Sharpnack Street

DateEvent & SourcePriceAppreciation
Jan 15, 2025

Price Change

BRIGHT #PAPH2414060

$2,450,000
Oct 25, 2024

Listed (Active)

BRIGHT #PAPH2414060

$2,900,000
Nov 7, 2018

Closed (Public Record)

Public Record #635784841

$39,000
Feb 28, 1997

Closed

BRIGHT #PAPH467324

$64,000
Jan 1, 1997

Pending

BRIGHT #PAPH467324

Sep 19, 1995

Listed (Active)

BRIGHT #PAPH467324

$64,900
DateEvent & SourcePrice
01/15/2025

Price Change

BRIGHT #PAPH2414060

$2,450,000
10/25/2024

Listed (Active)

BRIGHT #PAPH2414060

$2,900,000
11/07/2018

Closed (Public Record)

Public Record #635784841

$39,000
02/28/1997

Closed

BRIGHT #PAPH467324

$64,000
01/01/1997

Pending

BRIGHT #PAPH467324

09/19/1995

Listed (Active)

BRIGHT #PAPH467324

$64,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 85 East Sharpnack Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,757 ($230 / month)
Home Facts
Beds0Lot Size6,750 SqFtStyleResidentialZoningRSA5CountyPHILADELPHIAAPN88-1-0008-38

Schools near 85 East Sharpnack Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Emlen Eleanor C School
PublicPK to 5

Widener Memorial School
PublicK to 12

King Martin Luther High School
Public9 to 12

Middle Years Alternative School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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85 East Sharpnack Street is a multi-family home for sale in Philadelphia, PA 19119. This property was listed for sale on October 25, 2024 by Keller Williams Liberty Place, it's currently listed at $2,450,000. It has been on the market for a total of 423 days and was last sold on November 7, 2018. This listing's school district is The School District of Philadelphia. Nearby schools include Emlen Eleanor C School, Widener Memorial School and King Martin Luther High School. 85 East Sharpnack Street is a 0-bed, 0-bath, 12,720 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Liberty Place

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.