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Image 1 - 2541 Montrose Street, Philadelphia, PA 19146, USA - House for sale
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Home For Sale In Philadelphia, Pennsylvania
2541 Montrose Street, Philadelphia, PA 19146, USA

Home For Sale In Philadelphia, Pennsylvania

house for sale
Listed: 04/29/24

2541 Montrose Street, Philadelphia, PA 19146, USA

7 Bed:
5,200 Sq Ft Living Area:
Save
Price
$ 1,25M

About This House

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 Ave. Each unit was carefully designed with a high-end resident in mind, including top of the line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building includes energy efficient doors, windows, and exterior. The building will be sold with the remainder of the 10 year tax abatement. The property is located off of Grays Ferry Avenue, is walking distance to Rittenhouse Square, University City, and Schuylkill Banks, and is a short distance from public transportation and I-76. Property is rented for $7640 per month with a cap rate of 6.5%. Do not miss your chance to view a rarely offered investment opportunity; Pro-forma available upon request.

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Schuylkill Housing & Living

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.