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We are 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.

Property Details for 2537-53 MONTROSE ST

2537-53 MONTROSE ST is a 0.17 acre lot for sale in Philadelphia, PA 19146.

Bedrooms

Bedrooms
7

Bathrooms

Full Bathrooms
5

Other Rooms

Basement
Full

Heating & Cooling

Central Air
Yes
Cooling
Central A/C
Cooling Fuel
Electric
Heating
Central
Heating Fuel
Natural Gas
Water Heater
Electric

Services

Municipal Trash Service
Yes
Water
Public
Sewer
Public Septic  /  Public Sewer
Security
Electric Alarm  /  Intercom  /  Main Entrance Lock  /  Motion Detectors  /  Security System  /  Smoke Detector  /  Sprinkler System - Indoor
Available Utilities
Cable TV  /  Electric Available  /  Fiber Optics Available  /  Sewer Available  /  Water Available

Parking

Parking
None

Sustainability

Green Remarks
Energy efficient windows, doors, and exterior.

Building

Total SQFT
26830.00
Net SQFT
21735.00
Property Sub Type
Townhouse
Foundation
Concrete Perimeter
Accessibility Features
2+ Access Exits
Other Structures
Above Grade  /  Below Grade

Construction

Year Built
2017
New Construction
Yes
Construction Complete
Yes
Construction Materials
Brick  /  Concrete  /  Masonry  /  Metal Siding  /  Mixed Plumbing  /  Tile

Lot

Acres
0.17
Lot SQFT
7550.00
Zoning
RM1

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

Subdivision
GRADUATE HOSPITAL
County
PHILADELPHIA

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Address

Address
2537-53 MONTROSE ST, PHILADELPHIA, PA 19146
Street Address
2537-53 MONTROSE ST
City
PHILADELPHIA
Zip
19146
Latitude
39.94207800
Longitude
-75.18567700
State
PA

Pricing

Sale Type
Sale
Price
$7,620,000
Price Per SQFT
$284.01

Status

MLS ID
PAPH514262
Status
Active
Published Date
January 25, 2019
Modified Date
March 8, 2019 at 12:14 PM

Taxes & Assessments

City Tax
1535.00
County Tax
0.00
Tax Assessed Value
243000.0
Tax Lot
216
Tax Year
2019
City Tax Frequency
Annually
County Tax Frequency
Annually

Source

Agent
Jonathan Beaulieu
Agent Phone Number
2676192108
Office
JBMP Group
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.