$10,000 Closing Credit¹
#PAPH2397154, William M Prince, Listing Office: SERHANT PENNSYLVANIA LLC
$998,000 List price
1715 Montrose St Philadelphia, PA 19146
$10,000
Closing credit¹
3,322 sqft
0.03 acres
$300 / sqft
Multi-Family
Property details
About 1715 Montrose St
Massive price reduction!! 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 starting Jan 2025 until Jan 2035... not the new and less appealing abatement that reduces by 10% each year!!! Enjoy low taxes currently at $3,378/year (compare that number to comparable buildings in Grad Hospital)!! Live in one unit and rent out the others while taking 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 is rented at $1500/mo. Garage is rented by a neighbor at $300/mo. Built by the seller with no expenses spared and no intention of selling, 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, commercial grade security garage door, 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. Garage and studio could likely rent for higher than current rents. 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 large garage in a prime center city location.
Highlights
Home typeTriplex
HeatingCentral, Heat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size3,322 sqft
Lot size0.03 Acres
Year builtNew Const., 2023
ParkingGarage - Front Entry,Oversized,Garage Door Opener, Attached Garage
MLS #PAPH2303252
Garage1 space
ViewCity
Summary
- MLS Number: PAPH2303252
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (215) 923-7600
- Office Email: cbpoldcityadmin@cbpref.com
- Listing Agent: Julie A Russell
- Agent Phone: (484) 319-1993
- Agent Email: jrussell@cbpref.com
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. ©2025 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: 3/15/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$998,000
1715 Montrose St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 14, 2019 | Home Sold | $405,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $834,700 | $11,684 |
| 2022 | $834,700 | $11,650 |
| 2021 | $- | $3,301 |
| 2020 | $241,400 | $3,379 |
| 2019 | $247,000 | $3,457 |
| 2018 | $247,000 | $3,457 |
| 2017 | $247,000 | $3,457 |
History based on county public records data.
Nearby schools
3
Stephen Girard Elementary School
Public District KG-4
1.1 mi
•1800 Snyder Ave
5
Francis Scott Key School
Public District KG-6
1.5 mi
•2230 S 8th St
7
Abram Stockton Jenks School
Public District KG-5
1.5 mi
•2501 S 13th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
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. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
50%
35k-100k
21%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
9%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
53%
18-34 yrs old
27%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
BMW
Audi
Mercedes
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $998,000.
In February 2025, from all listings sold in Philadelphia, PA there were more than 154 sold above asking price, over 396 sold below and more than 166 were sold right at the asked price. In February 2025 in Philadelphia, PA there were 10.7% more homes for sale than in January. The median list price of listings available in February 2025 was $268,469, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.