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sales rep | Brivity IDX

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1501 Montrose St , Philadelphia, PA 19146
$749,900
Est. Payment: $4,051.09/mo
2301 Sqft
0.02 Acres
Status: active | Days on site: 6
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CBPREOC - 3131397
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House Description

Excellent investment opportunity in the heart of Graduate Hospital! 1501 Montrose Street is a well-positioned mixed-use corner property featuring a first-floor laundromat and two spacious, updated one-bedroom, one-bath apartments above, offering multiple potential income streams under one roof. The laundromat, along with all equipment, is included in the sale and features 20 washers and 14 dryers. The laundromat and all equipment are being conveyed in “as-is” condition. The commercial space has its own entrance from 15th Street, while the residential units share a separate entrance from Montrose Street, providing clear separation between the commercial and residential portions of the property. Both apartments offer functional, light-filled layouts with modern kitchens, stainless steel appliances, full bathrooms, spacious living areas, hardwood flooring, and generously sized bedrooms with ample closet space. The property is equipped with three gas hot-air heating systems, central air conditioning for the first-floor commercial space, four electric meters, and three gas meters—an attractive setup for an investor managing multiple occupants and utility responsibilities. Located in one of Philadelphia’s highly desirable and walkable neighborhoods, the property boasts a Walk Score of 97 and is surrounded by neighborhood amenities including Target, Sprouts Farmers Market, Wine & Spirits, restaurants, shops, parks, public transportation, Broad Street, and Washington Avenue. Whether you're looking to add a mixed-use asset to your portfolio, operate an existing laundromat business, generate residential rental income, or capitalize on a sought-after Graduate Hospital location, 1501 Montrose Street offers strong investment potential. Schedule your private showing today and explore the possibilities! *Listing photos have been AI enhanced*

Highlights

Listed by Desarrie McDuffie , 2677842085 Coldwell Banker Realty , 2159237600. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.02

Year Built

1915

County

Philadelphia

Area

19146 (19146)

Neighborhood

Graduate Hospital

School District

Philadelphia City

Listing ID

PAPH2684234

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:18.00 x 54.00
Zoning:CMX1
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Principal Interest
$4,051
Taxes
$751

Home Price

$749,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$149,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,051.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,051.09 $751.42 $0.00 $4,802.51
Yearly $48,613.08 $9,017.00 $0.00 $57,630.08
Total $1,458,392.26 $270,510.00 $0.00 $1,728,902.26
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS