Bob Miller
(302) 420-6417
Bill Luke
(302) 299-7903
Licensed in Delaware & Pennsylvania

Property Showcase

2537-53 MONTROSE STPhiladelphia, PA 19146 0

$7,620,000
Condo/Townhouse
Status: Active
  • Bed:5
  • Sqft:26,830
  • Lot:0.17 acre
  • MLS#: PAPH514342
39.942081451416016-75.185562133789062
Courtesy Of JBMP Group

Description:

We are pleased to extend to qualified investors the opportunity to purchase 2537-43 Montrose Street. This offering consists of two new construction buildings, totaling 8 units and 14 beds, located in the highly sought-after Graduate Hospital neighborhood. This is a rare opportunity to acquire a fully stabilized portfolio while building a significant position in a rapidly appreciating market. 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. Each building includes energy efficient doors, windows, and exterior. The buildings have all been approved for a 10 year tax abatement. The buildings are located off of Grays Ferry Avenue, are walking distance to Rittenhouse Square, University City, and Schuylkill Banks, and are a short distance from public transportation and I-76. Do not miss your chance to view a rarely offered investment opportunity; Offering Memorandum available upon request.

Main Features:

Listing Status Active Year Built 2017
School District THE SCHOOL DISTRICT OF PHILADELPHIA County Philadelphia
Taxes $1,500.00 Tax Year 2019
Rental Price $0 Units 4
Subdivision Graduate Hospital

Additional Features:

Accessibility Features 2+ Access Exits
Air Conditioning Yes
Cooling Central A/C
Cooling Fuel Electric
Financing Cash
Conventional
Heating Central
Heating Fuel Natural Gas
New Construction Yes
Possession 0-30 Days CD
31-60 Days CD
Rental Features No
Sewer Public Sewer
Water Access No
Water Heater Electric
Water Source Public
Waterfront No

Extra Features:

# of Rooms 0 Building Square Feet 4096.00
Cap Rate 5.30 Fireplaces Total 0
Gross Income 89760.00 List Type (Exclusive) Exclusive Right To Sell
MLSSystem ID BRIGHT Price Per SQFT 284.01
Unit 1 Bed Total Units 9

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Last Updated On: 3/24/2019 9:38:07 AM

2537-53 MONTROSE ST, Philadelphia, PA 19146

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Information deemed reliable but not guaranteed.
Copyright© 2019 Bright MLS. All Rights Reserved.
Last Updated On: 3/24/2019 9:38:07 AM

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