CHARIS REALTY GROUP

Other

2541 MONTROSE STREET

PHILADELPHIA, PA 19146

MLS#: PAPH2679958

$1,250,000

Status: Active
Listing number: PAPH2679958
Listing provided by: JBMP Group
Listing agent phone: None
Last update: 20 days ago
On site: 21 days ago
Browse Properties
GRADUATE HOSPITAL - Residential

Property

Beds

7

Full Baths

5

1/2 Baths

None

Year Built

2017

Sq.Footage

4,096

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 Avenue. Each unit was carefully designed with a high-end resident in mind, featuring top-of-the-line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building also features energy-efficient doors, windows, and exterior construction. The property is fully rented, generating $7,873 per month in rental income, totaling $94,476 in annual gross rental income. The unit mix consists of Unit A (3 bed/2 bath) rented at $2,678 through 7/31/2027, Unit B (1 bed/1 bath) rented at $1,675 through 7/3/2027, Unit C (1 bed/1 bath) rented at $1,645 through 7/30/2027, and Unit D (2 bed/2 bath) rented at $1,875 through 5/30/2027. The building will be sold with the remainder of its 10-year tax abatement. Conveniently located just off Grays Ferry Avenue, the property is within walking distance of Rittenhouse Square, University City, and Schuylkill Banks, with easy access to public transportation and I-76. Do not miss this rarely offered investment opportunity in one of Philadelphia's most desirable neighborhoods. Offering Memorandum available upon request.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    5

  • Above Grade Finished Area

    4096.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Central, Heat Pump

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,510

  • Property Type

    Residential

  • Architectural Style

    Other

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    $4,340

  • Sq. Footage

    4,096

  • Price/SqFt

    $305

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    215

  • Water Source

    Public

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Listing Courtesy of Maria A. Pacitti, JBMP Group

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Agent Jordan Fortson

Salesperson, Realtor

Jordan Fortson

Call Jordan today to schedule a private showing.

(717) 437-2802

jordan@charisrealty.com


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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 Avenue. Each unit was carefully designed with a high-end resident in mind, featuring top-of-the-line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building also features energy-efficient doors, windows, and exterior construction. The property is fully rented, generating $7,873 per month in rental income, totaling $94,476 in annual gross rental income. The unit mix consists of Unit A (3 bed/2 bath) rented at $2,678 through 7/31/2027, Unit B (1 bed/1 bath) rented at $1,675 through 7/3/2027, Unit C (1 bed/1 bath) rented at $1,645 through 7/30/2027, and Unit D (2 bed/2 bath) rented at $1,875 through 5/30/2027. The building will be sold with the remainder of its 10-year tax abatement. Conveniently located just off Grays Ferry Avenue, the property is within walking distance of Rittenhouse Square, University City, and Schuylkill Banks, with easy access to public transportation and I-76. Do not miss this rarely offered investment opportunity in one of Philadelphia's most desirable neighborhoods. Offering Memorandum available upon request.

2541 MONTROSE STREET

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