2400 W Montgomery Ave
$1,795,000
2400 W Montgomery Ave, Philadelphia, PA 19121
6.7
Cap Rate
5,547 sqft
Building Size
Details:
Highlights:
- Days on Market: 204
- Heating: Central
Description:
Corner
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
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