6 months on rocket

1715 Montrose St, Philadelphia, PA, 19146

$1,225,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,322 SqFt
$369/SqFt
Multi

Location

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1715 Montrose St, Philadelphia$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage - Front Entry, Oversized, Garage Door Opener, Attached Garage
Garage1 space
Year BuiltNew Const., 2023
HeatingCentral, Heat Pump
CoolingCentral Air
ViewCity
MLS #PAPH2303252
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1715 Montrose St

Amazing opportunity to own this beautiful new triplex with garage and shared roof deck in the desirable Graduate Hospital neighborhood of Philadelphia. Just a few blocks from Rittenhouse Square, Broad St subway line, parks, restaurants, shopping, theatre and more! There is a FULL 10 year tax abatement that begins in 2025, taxes will be roughly $3380 annually until 2035!!! Live in one unit and rent out the others and take advantage of buying with only 5% down with Fannie Mae's new loan option! Two large 1 bedroom/1.5 bath units, one studio apartment, and 1 car garage. Upper units are currently rented for $2250/mo and $2200/mo. Studio and garage are currently listed for rent. Built by the owner with no expenses spared, the building features black sound transmission class Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, sprinkler system, recessed LED lighting, and more. There is no lack of outdoor space in this building with the large fiberglass shared roof deck with stunning skyline views, spacious rear balcony for the 2nd floor unit, and backyard for the studio apartment. All units have exceptional ceiling height, recessed lighting, quartz counters with marble backsplash, matte black fixtures and hardware, gas cooking, washer/dryer in every unit, and scratch and water resistant luxury wood vinyl flooring which is ideal for durability with tenants and pets. The one car garage is quite spacious and will first be offered for rent to building tenants and then listed publicly. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, dog parks, and everything else that this thriving neighborhood has to offer! Don't miss your opportunity to own this stylish new multi-family apartment building with oversized garage in a prime center city location.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 3,322 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Julie A Russell

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Oversized, Garage Door Opener, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between 16th and 17th, Christian St and Carpenter St

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $369/SqFt

Tax Information:

  • Annual Amount: $3,302
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1715 Montrose St vs Philadelphia

206 DAYS ON ROCKET

+162 Days

$1,225,000

+$963.1K More

$369/SqFt

+$170 More

KEY TAKEAWAY

This property is $963.1K more than the Median Sold Price and $170/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2303252

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Julie A Russell

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2019Home Sold
$405,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,302 -
2019$3,457$247,000
2018$3,458$247,000
2017$3,458$247,000

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546830
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.12 miles

  • Public District Grades KG-4

school-card-donut-546831
5
/10
  • Francis Scott Key School

  • 2230 S 8th St

  • 1.47 miles

  • Public District Grades KG-6

school-card-donut-546832
7
/10
  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,460. The majority of Philadelphia, PA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19146›1715 Montrose St

This home is located at 1715 Montrose St in Philadelphia, PA and zip code 19146 in the South Philadelphia neighborhood. This 3,322 square foot home, which was built in 2023, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,225,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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