2537-53 Montrose St, Philadelphia, PA, 19146

2537-53 Montrose St, Philadelphia, PA, 19146 < >
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for sale
$7,620,000
Square Feet:21735
Lot Size:0.17 Acres
Year Built:2017
Status:Active
MLS #:PAPH514262
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
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.
Interior Details
Building Total SQFT: 26830.00Entry Floor Number: 1
Foundation Details: Concrete PerimeterSecurity Features: Electric Alarm, Intercom, Main Entrance Lock, Motion

Exterior Details
Lot Size Acres: 0.17Lot SQFT: 7550.00

Community Information
County: PHILADELPHIACross Street: Grays Ferry Ave
Subdivision Name: GRADUATE HOSPITALZoning: RM1

Property Information From MLS Data
Accessibility Features: 2+ Access ExitsBusiness Type: Apartment Building
DOM: 7MLS Area: 19146 (19146)
New Construction YN: YProperty Sub Type: Five Or More Units
Year Built: 2017

Utilities
Cooling Type: Central A/CHeating Type: Electric
Sewer Septic: Public Septic, Public SewerUtilities: Cable TV, Electric Available, Fiber Optics Available
Water Source: Public

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Monthly Payment for 2537-53 Montrose St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$7,620,000
Down Payment:
Loan Amount:$6,096,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Jonathan Beaulieu, JBMP Group

Information obtained from MDBMLS is current as of 2/17/2019 2:26 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.