Price Reduction - Views - Eco Friendly
Listed By:
Address
2541 Montrose Street, Philadelphia, PA
Price
$ 1,250,000
Property Attributes
  • MLS#PAPH2320112
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19146
  • Zip19146
  • Style
  • Year Built2016
  • Taxes$ 3428
  • Price$ 1,250,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

This offering consists of 4 units located in the highly sought-after Graduate Hospital neighborhood. This is a rare opportunity to acquire turnkey newly constructed rental units in 19146 north of Washington Ave. Each unit was carefully designed with a high-end resident in mind, including top of the line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building includes energy efficient doors, windows, and exterior. The building will be sold with the remainder of the 10 year tax abatement. The property is located off of Grays Ferry Avenue, is walking distance to Rittenhouse Square, University City, and Schuylkill Banks, and is a short distance from public transportation and I-76. Property is rented for $7640 per month with a cap rate of 6.5%. Do not miss your chance to view a rarely offered investment opportunity; Pro-forma available upon request.

Price History
2/8/2024 Listed $1,300,000
4/25/2024 4% - $1,250,000

General Features

Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Negotiable
Zoning RM1
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
Year Built 2016
Property SubType Quadruplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Other
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions .
ModificationTimestamp 2024-04-25T08:22:11
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19146 (19146)
Lot Size Square Feet 1510.00
Tax Assessed Value 275909.0
Waterfront Y/N No
Street Name MONTROSE
Tax Annual Amount 3428.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
One Bedroom Units Count 2
Price Per Sq Ft 240.38
Vacation Rental Y/N No
Total SQFT 5200
Days on Market 58
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Other
Basement (Y/N) Yes
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
LivingAreaSource Estimated
Three Bedroom Units Count 1

Exterior Features

Water Source Public
Type of Parking None
Land Use Code W70
Foundation Details Other
Water View Y/N No
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19146

Price
AVG $790K
$1.25M
Taxes
AVG $5,545
$3,428
Visits
AVG 209
145
Data Provided by Inside Real Estate®
Year Built
AVG 1954
2016

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