Backup offers
$8,301 Closing Credit¹
#PAPH2366922, James F Roche Jr., Listing Office: KW Empower
$10,000
closing credit¹
85 E Sharpnack St Philadelphia, PA 19119
$2,450,000 List price
$10,000
Closing credit¹
12,720 sqft
0.1 acres
$193 / sqft
House
Property details
About 85 E Sharpnack St
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 7.1% 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. BUYER TO VERIFY TAXES, SF, FINANCIALS IN DD.
Highlights
Home typeOther
HeatingOther
StatusActive
(ACTIVE)
(ACTIVE)
Size12,720 sqft
Lot size0.15 Acres
Year builtNew Const., 2022
ParkingDriveway
MLS #PAPH2414060
ViewPanoramic, City
Summary
- MLS Number: PAPH2414060
- MLS Name: BRIGHT
- Office Name: Keller Williams Liberty Place
- Office Phone: (609) 399-5454
- Office Email: klrw903@kw.com
- Listing Agent: Ryan J McManus
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 4:57:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,450,000
85 E Sharpnack St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 09, 2018 | Home Sold | $39,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $23,300 | $326 |
| 2022 | $23,300 | $326 |
| 2021 | $- | $326 |
| 2020 | $23,300 | $326 |
| 2019 | $23,300 | $326 |
| 2018 | $23,300 | $326 |
| 2017 | $23,300 | $326 |
History based on county public records data.
Nearby schools
4
Elenor C. Emlen Elementary School
Public District KG-5
0.6 mi
•6501 Chew Ave
4
Mastery Charter School John Wister Elementary School
Public Charter KG-5
1.4 mi
•67 E Bringhurst St
3
John B. Kelly Elementary School
Public District KG-5
1.7 mi
•5116 Pulaski Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,554. The majority of Philadelphia, PA residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
48%
<35k
24%
35k-100k
13%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
18%
Single, with Kids
16%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
IKEA
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
BMW
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 85 E Sharpnack St
This home is located at 85 E Sharpnack St in Philadelphia, PA and zip code 19119 in the Mount Airy neighborhood. This 12,720 square foot home, which was built in 2022, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,450,000.
While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. The inventory of homes for sale in Philadelphia, PA between December and January 2025 increased by 3.5%. Listings spent 52 days on the market in January 2025, and had a median list price of $266,945 during the same period.
From Rocket Homes Real Estate and based on county public records data.