2541 MONTROSE ST Philadelphia, PA 19146 Active

UPDATED: 10/15/2026 11:31 PM ON MARKET: 12 days on market

$1,250,000

7 Beds5 Baths4,096 SqFt

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

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 Avenue. Each unit was carefully designed with a high-end resident in mind, featuring top-of-the-line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building also features energy-efficient doors, windows, and exterior construction.

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.


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