Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5200.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,510

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Other

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    $3,863

  • Sq. Footage

    5,200

  • Price/SqFt

    $240

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    216

  • Water Source

    Public

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Listing Courtesy of Joseph Siligato, Realty Mark Associates

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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.

2537 MONTROSE STREET 39

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