Pre-CO QOZ (Opportunity Zone) 10-unit single family rental investment property in the blossoming community of Germantown in Philadelphia, Pennsylvania. Located right off the quaint cobbles of historic Germantown Avenue loaded with shops, restaurants and amenities and adjacent to Vernon Park, this boutique new construction residential community is purposefully built and optimally designed with 3bd x 2ba, 1800 SF townhomes with private roof decks and the ultimate urban luxury – private garage parking. Build to rent residential property has become the fastest growing asset class for investors in the country as consumer preferences have adjusted in 2024 for homes with more space, outdoor environs, and suburban style. 32 Rittenhouse is one of the last investment properties in Philly to deliver a full 10 year tax abatement, meaning taxes are paid on the assessed value of the land rather than the improvements (10 townhomes). Located in a Top-10 USA MSA, this northwestern submarket is primed for rent growth and appreciation as lifestyle tastes shift outward from the urban core. 32 Rittenhouse is Part 2 of 2 in a mixed-use new development. Phase 1 has been sold. Capture Opportunity Zone benefits with the acquisition of this prime Philly real estate.

Listing courtesy of Keller Williams Liberty Place



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.