Philadelphia, PA 19121,2400 W MONTGOMERY AVE
Philadelphia, PA 19121,2400 W MONTGOMERY AVE
Philadelphia, PA 19121,2400 W MONTGOMERY AVE
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Listed by Ryan J McManus • Keller Williams Liberty Place
$1,795,000
Est. payment /mo
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5,547 SqFt
Price Dropped by $50K

2400 W MONTGOMERY AVE Philadelphia, PA 19121

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,547 sqft

Price per Sqft $323

Subdivision Brewerytown

MLS Listing ID PAPH2435858

Style Unit/Flat

Abv Grd Liv Area 5,547

Year Built 2024

Annual Tax Amount $100

Tax Year 2022

Lot Size 1,331 Sqft

Acres 0.03

Lot Dimensions 20.00 x 68.00

Property Sub-Type Other

Source BRIGHT

Property Description

2400 WEST is an exceptionally modern new construction redbrick apartment building in Philadelphia, Pennsylvania. This fully-leased, turnkey asset features eight (8) apartments with an even mixture of 1bd and 2bd units. A panoramic skyline rooftop adorns the property featuring sweeping views of Downtown Philly. Easily accessible to both Center City and University City (as well as Temple University, PHL's largest university by enrollment), 2400 WEST blends contemporary design with appropriately-scaled urban density. Located on a prominent corner surrounded by new development, this multifamily property is now available for just $224K per unit as a stabilized new construction apartment building in an appreciating location with a 6.7% in-place cap rate. Walk to amenities, parks, transportation. 10 year tax abatement. Enquire within for financials.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Fiberglass

Accessibility Ramp - Main Level

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 472077800

Ownership Fee Simple

SqFt Source Estimated

Security Features Exterior Cameras,Intercom

Special Listing Condition Standard


Bright MLS (BMLS)

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agent

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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2400 W MONTGOMERY AVE