2541 MONTROSE ST Philadelphia, PA 19146
7 Beds
5 Baths
4,096 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $305
Subdivision Graduate Hospital
MLS Listing ID PAPH2679958
Style Other
Bedrooms 7
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 4,096
Year Built 2017
Annual Tax Amount $4,340
Tax Year 2026
Lot Size 1,510 Sqft
Acres 0.03
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RM1
Rooms
Basement Fully Finished, Other
Main Level Bedrooms 1
Interior
Hot Water Natural Gas, Electric
Heating Heat Pump - Electric BackUp, Forced Air, Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 5
Above Ground Finished SqFt 4096
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 5
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 302204510
Ownership Fee Simple
SqFt Source 4096
Special Listing Condition Standard
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