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2537 Montrose St , Philadelphia, PA 19146
$1,250,000
Est. Payment: $6,752.72/mo
7 Bed
5 Bath
5200 Sqft
0.03 Acres
Status: active | Days on site: 25
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RLTYMKCC - 3182077
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House Description

Turnkey 4-Unit New Construction Investment — Graduate Hospital, Philadelphia Rare Investment Opportunity | 19146 | North of Washington Avenue Asking Price: $1,399,000 Rare opportunity to acquire a turnkey, newly constructed 4-unit multifamily property in Philadelphia’s highly sought-after Graduate Hospital neighborhood. Located in 19146, north of Washington Avenue, this modern income-producing asset offers investors the opportunity to acquire a recently constructed property with strong rental income and the benefit of the remaining 10-year tax abatement. The property features four thoughtfully designed residential units, including: • 2 One-Bedroom Units • 1 Two-Bedroom Unit • 1 Three-Bedroom Unit The units feature high-end finishes, premium flooring, upgraded appliance packages, and imported doors and windows. Energy-efficient doors, windows, and exterior materials further enhance resident comfort and operating efficiency. The property is currently generating approximately $8,000 per month in rental income, representing approximately $96,000 in gross annual rental income. Investment Highlights • $1,399,000 asking price • 4-unit new construction multifamily property • Approximately $8,000/month current rental income • Approximately $96,000 annual gross rental income • Remaining 10-year tax abatement 3 years remaining • 2 one-bedroom units • 1 two-bedroom unit • 1 three-bedroom unit • High-end finishes throughout • Upgraded appliance packages • Imported doors and windows • Energy-efficient construction and exterior materials • Turnkey, income-producing investment • Located in Graduate Hospital / 19146 • North of Washington Avenue • Walking distance to Rittenhouse Square, University City, and Schuylkill Banks • Convenient access to public transportation and I-76 Income Snapshot Asking Price: $1,399,000 Current Gross Rental Income: $96,000/year Gross Rent Multiplier: Approximately 14.57x Gross Yield: Approximately 6.86% Cap rate and NOI should be calculated once annual operating expenses, insurance, utilities, maintenance, management, and other property expenses are confirmed. Investment Opportunity This offering presents an opportunity to acquire a modern, newly constructed multifamily asset in one of Philadelphia’s established and highly desirable residential neighborhoods. The combination of new construction, multiple residential units, current rental income, high-end finishes, and the remaining tax abatement provides a compelling foundation for both investors seeking current income and those focused on long-term appreciation.

Highlights

Listed by Joseph Siligato , 2674758888 Realty Mark Associates , 2153764444. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

2017

County

Philadelphia

Area

19146 (19146)

Neighborhood

Graduate Hospital

School District

The School District Of Philadelphia

Listing ID

PAPH2677482

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:5200
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:25.60 x 59.00
Zoning:RM1
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$6,753
Taxes
$322

Home Price

$1,250,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$250,000
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:
$6,752.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,752.72 $321.92 $0.00 $7,074.63
Yearly $81,032.60 $3,863.00 $0.00 $84,895.60
Total $2,430,977.89 $115,890.00 $0.00 $2,546,867.89
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