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sales rep | Brivity IDX

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85 E Sharpnack St , Philadelphia, PA 19119
$2,450,000
Est. Payment: $13,235.32/mo
12720 Sqft
0.15 Acres
Status: active | Days on site: 813
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House 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.

Highlights

Listed by Ryan J McManus , 6106061095 and Brandon Ribeiro , 2679458167 Keller Williams Liberty Place , 6093995454. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

2022

County

Philadelphia

Area

19119 (19119)

Neighborhood

Mt Airy

School District

The School District Of Philadelphia

Listing ID

PAPH2385330

Questions about this listing?

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Interior Features

Air Cond:Ductless/Mini-Split
Fireplaces:
Floor:Luxury Vinyl Plank
Water:Public

Exterior Features

Lot:Flag,Horse Property: No
Lot Dimensions:13.00 x 160.00
Garage Capacity:9
Zoning:RSA5
Roof:Fiberglass
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$13,235
Taxes
$230

Home Price

$2,450,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$490,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,235.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,235.32 $229.75 $0.00 $13,465.07
Yearly $158,823.89 $2,757.00 $0.00 $161,580.89
Total $4,764,716.67 $82,710.00 $0.00 $4,847,426.67
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS