1715 Montrose Street Philadelphia, PA 19146
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Julie Russell

  1715 Montrose Street Philadelphia, PA 19146

Active (244 Days)
$1,175,000

Description

Reduced! 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 is rented at $1500/mo. Garage can rent from $300-375/mo. 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.

MLS #:
PAPH2303252
Taxes
$3,378(2023)
Lot Size
1,224 SQFT
Type
Multifamily
Year Built
2023
Style
Other
School District
The School District of Philadelphia
County
Philadelphia County

Listed By

Julie Russell, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Dec 24 2024 at 11:44 AM GMT+0000
Bathroom Details
Subdivision
  • Graduate Hospital
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Slab
Heating and Cooling
  • Central
  • Heat Pump(s)
  • Central A/C
Exterior Features
  • Masonry
  • Roof: Fiberglass
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Living Area
  • 3,322 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 06, 2024
Price Changed
$1,175,000
-4%
-50,000
Sep 15, 2024
Price Changed
$1,225,000
-2%
-25,000
Jul 22, 2024
Price Changed
$1,250,000
-4%
-50,000
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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. Data last updated 12/24/24 03:44