Active

1715 Montrose St

Philadelphia PA, 19146

$1,225,000


$368.75 per sqft

Active

2 Beds

3,322 sqft

Multi-family

Built in 2023

Amazing opportunity to own this beautiful new triplex with garage and shared roof deck in the desirable Graduate Hospital neighborhood of Philadelphia. Just a few blocks from Rittenhouse Square, Broad St subway line, parks, restaurants, shopping, theatre and more! There is a FULL 10 year tax abatement that begins in 2025, taxes will be roughly $3380 annually until 2035!!! Live in one unit and rent out the others and take advantage of buying with only 5% down with Fannie Mae's new loan option! Two large 1 bedroom/1.5 bath units, one studio apartment, and 1 car garage. Upper units are currently rented for $2250/mo and $2200/mo. Studio and garage are currently listed for rent. Built by the owner with no expenses spared, the building features black sound transmission class Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, sprinkler system, recessed LED lighting, and more. There is no lack of outdoor space in this building with the large fiberglass shared roof deck with stunning skyline views, spacious rear balcony for the 2nd floor unit, and backyard for the studio apartment. All units have exceptional ceiling height, recessed lighting, quartz counters with marble backsplash, matte black fixtures and hardware, gas cooking, washer/dryer in every unit, and scratch and water resistant luxury wood vinyl flooring which is ideal for durability with tenants and pets. The one car garage is quite spacious and will first be offered for rent to building tenants and then listed publicly. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, dog parks, and everything else that this thriving neighborhood has to offer! Don't miss your opportunity to own this stylish new multi-family apartment building with oversized garage in a prime center city location.

PAPH2303252

MLS ID

April 25, 2024

Listed

October 2, 2024

Updated

Map

1715 Montrose St
Philadelphia PA, 19146

Interior Features

Bedrooms

2


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.03 Acres


Architectual Style

Other


Roof

Fiberglass


Sewer

Public Sewer

School Information

School District

THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name

PHILADELPHIA


Taxes

$3,378


Tax Frequency

Annually


Days on Market

144


Garage

Yes


Garage Spaces

1


Parking

Garage Door Opener, Attached


Parking Total

1


View

Yes


View Description

City


County

PHILADELPHIA


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/15/2024

Price change

$1,225,000

-2%

7/23/2024

Price change

$1,250,000

-4%

Listed by Coldwell Banker Realty
Listing Contact: 4843191993 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 7:26 AM UTC

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