Germantown's newest boutique community on one of its prettiest, tree-lined blocks, with old, grand homes on large lots. Originally a stately mansion, and on the Philadelphia Register of Historic Places, it has been brilliantly renovated into four separate townhomes, each with significant outdoor space and 2-Car Parking. 48 E Penn is 1,982 sq. ft. of finished space and offers 2 spacious bedrooms, 2.5 baths, and spectacular windows and natural light. Also includes 2,240 sq. ft. of lovely, dedicated wrap-around outdoor space. The two car parking includes a 500 sq. ft private garage and a driveway space (not tandem). Elegance in its simplicity. These homes are not your standard renovation, finishes, and design. If you are looking for something pristine and that perfectly fits your superb taste, this is it. Designed by the renowned C2 Architecture, each home has a different floorplan to meet your specific needs. But all have huge architectural spaces with beautiful oak floors, high ceilings, significant character, and stunning light. Large, open living areas. Curated finishes and fine custom millwork throughout. Brand new Marvin windows, solid core doors, and white oak hardwood floors throughout with a natural finish. Superb storage including a clean, unfinished basement. 10 YEAR TAX ABATEMENT.   Red hot neighborhood. Less than two blocks to Germantown Kitchen Garden, Maker Artisan Pizza, Daaiyah's Delicious, Uncle Bobbie's Coffee & Books, Germantown Friends School, Greene Street Friends School, Grumblethorpe, and Howell Park. Quick drive to the new Germantown Weavers Way Co-op (Coming Very Soon!), the Wissahickon trails, Vernon Park, Fernhill Park, and Cloverly Park. Convenient to Center City, East Falls, Manayunk, Mount Airy & Chestnut Hill, and so much more. NOTES-There is an HOA for insurance, water/sewer, roof maintenance, and snow removal only.  Not a condominium. Consists of four homes priced between $425,000 and $590,000 (three 2BRs and one 3BR + office. All with 2-car parking and private outdoor space). The tax abatement for these homes has been APPROVED. HOA Documents available upon request. FINANCING NOTE--  Every buyer can receive a $10,000 lender credit on this home.