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2541 Montrose St 4 Unit Apartment Building $1,250,000 ($312,500/Unit) Philadelphia, PA 19146
INVESTMENT HIGHLIGHTS
- Located in Graduate Hospital
- Resident Roofdeck + Patio
- The building will be sold with the remainder of the 10 year tax abatement.
- Steps from Hospitals
- Rittenhouse Square is about 0.8 mile walk and 0.5 miles to Schuykill Banks River Park
- Offering Memorandum available upon request.
EXECUTIVE SUMMARY
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. Do not miss your chance to view a rarely offered investment opportunity; Offering Memorandum available upon request.
PROPERTY FACTS
| Price | $1,250,000 | Building Class | B |
| Price Per Unit | $312,500 | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 5,200 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2017 |
| Apartment Style | Garden | ||
| Zoning | RM1 - Residential Medium | ||
| Price | $1,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2017 |
| Zoning | RM1 - Residential Medium |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Tile Floors
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Island Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 658 - 935 |
| 2+1 | 1 | - | 743 |
| 3+2 | 1 | - | 1,533 |
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Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (97)
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2541 Montrose St
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