2537 Montrose Street, Philadelphia, PA 19146

$7,620,000
List Price
$7,620,000
Days On Market
24
Status
ACTIVE
MLS#
PAPH514262
Lot Size (Acres)
0.17
Year Built
2017
County
Philadelphia

Property Description

ATTENTION COMMERCIAL AND MULTI-FAMILY INVESTORS: JBMP Group is pleased to extend to qualified investors the opportunity to purchase 2537-53 Montrose Street. This offering consists of five new construction buildings, totaling 20 units and 36 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 homeowner 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. Three of the five buildings will be sold with complete condo documents, allowing the new owner to sell each unit individually if desired. 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.

Additional Information

Area
19146 (19146)
Subdivision
Graduate Hospital
Taxes
$1535
Heating
Electric
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Cable TV, Electric Available, Fiber Optics Available, Water Available, Sewer Available
Water
Public
Sewer
Public Septic, Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of JBMP Group.