2541 Montrose St - Apartments FOR SALE


Philadelphia, PA 19146
$1,250,000 USD
267-797-2175
2541 Montrose St, Philadelphia, PA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

2541 Montrose St
Philadelphia, PA 19146


HIGHLIGHTS

  • Located in Graduate Hospital
  • Steps from Hospitals
  • Resident Roofdeck + Patio
  • Rittenhouse Square is about 0.8 mile walk and 0.5 miles to Schuykill Banks River Park
  • The building will be sold with the remainder of the 10 year tax abatement.
  • Offering Memorandum available upon request.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

RM1

APN/PARCEL ID

302204510

ASK ABOUT THIS PROPERTY

Jonathan BeaulieuJBMP GroupMore Info
267-797-2175

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Jonathan BeaulieuJBMP GroupMore Info
267-797-2175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.