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.
Listed by Shaina Levin
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License #RS347883
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Coldwell Banker Realty
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2158407500
Last updated July 18, 2025
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Source: BrightMLS #PAPH2509776
Listing Facts
TypeMulti-family
NeighborhoodGermantown
Days on Prevu73
Taxes$1,889/year
Size8,925 sqft
Price per sqft$151
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/18/2025
Price Decreased
$1,350,000
06/26/2025
Listed by Coldwell Banker Realty
$1,375,000
Property Details for 22 E Rittenhouse Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 2022
Architectural Style: Contemporary
Construction Materials: Vinyl Siding
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.10
Lot Size Dimensions: 0
Lot Size Source: Assessor
Lot Size Square Feet: 4,140
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $1,889.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 8,925
Living Area Source: Assessor
Other
Location
Tax Lot: 31
Parking
Parking
Garage Spaces: 4
Garage: Yes
Utilities
Equipment
Cooling: Central A/C
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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