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Property Description
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.
Full Property Details
Full Property Details for 1715 Montrose St
General
- Sold For: $980,000
- Taxes: $3,378 (2023)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2303252
- Added to Site: 633 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry, Oversized, Garage Door Opener
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Graduate Hospital
- Subdivision: Graduate Hospital
- Driving Directions: Between 16th and 17th, Christian St and Carpenter St
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central, Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Slab
- Roof: Fiberglass
- Stories/Levels: 0
- Square Feet: 3,322
- Sq. Ft. Source: Estimated
- Living Area: 3,322 Sq. Ft.
- Finished Above Grnd: 3,322 Sq. Ft.
- Year Built: 2023
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 2
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 1
Unit 4
- Unit Description: Unit 4
Lot Features
- Property View: City
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,224
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 69.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $300.42
- Assessment Year: 2023
- Tax w/Assessment: $241,327
- Tax Amount: $3,378
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2531
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 160
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Schools
Schools serving 1715 Montrose St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Edwin M Stanton School 1700 Christian Street, Philadelphia, PA 19146 | K-8 | 0 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1715 Montrose St
Date
Details
Price
Change
Source
4/10/2025
Sold
$980,000
-1.8%
MLS
3/07/2025
Price Reduced
$998,000
-4.04%
MLS
2/24/2025
Price Reduced
$1,040,000
-7.56%
MLS
1/19/2025
Price Reduced
$1,125,000
-4.26%
MLS
12/06/2024
Price Reduced
$1,175,000
-4.08%
MLS
9/15/2024
Price Reduced
$1,225,000
-2%
MLS
7/23/2024
Price Reduced
$1,250,000
-3.85%
MLS
4/25/2024
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1715 Montrose Street, Philadelphia, PA 19146 (MLS# PAPH2303252) is a Triplex property that was sold at $980,000 on April 10, 2025. This property was listed by Julie Russell from our Old City Office.Want to learn more about 1715 Montrose Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

