2617 W MONTGOMERY AVE, Philadelphia, PA 19121
2617 W MONTGOMERY AVE, Philadelphia, PA 19121
2617 W MONTGOMERY AVE, Philadelphia, PA 19121
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Listed by Asa Kurland • KW Empower
$194,000
Est. payment /mo
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4 Beds
3 Baths
1,455 SqFt
Price Dropped by $10K

2617 W MONTGOMERY AVE Philadelphia, PA 19121

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,455 sqft

Price per Sqft $133

Subdivision Brewerytown

MLS Listing ID PAPH2631944

Style Straight Thru

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,455

Year Built 1915

Annual Tax Amount $883

Tax Year 2025

Lot Size 744 Sqft

Acres 0.02

Lot Dimensions 15.00 x 50.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

AVAILABLE INDIVIDUALLY, or as part of a larger Philadelphia residential portfolio, this offering presents an exceptional opportunity to acquire scale, existing rental income, and long-term optionality in one of the East Coast's most active urban housing markets. Investors may evaluate individual assets or assemble a customized portfolio based on their acquisition strategy.

The full portfolio includes 102 properties totaling 108 residential units, offered at $18,800,000. The assets are located across multiple Philadelphia ZIP codes, including 19132, 19104, 19121, 19139, 19143, 19131, 19151, 19140, 19133, and 19129, providing investors with broad exposure across several residential rental submarkets.

The portfolio is currently operated primarily as Housing Choice Voucher / Section 8 rental housing and includes existing tenancy, reported capital improvements, and a substantial citywide footprint. Current ownership reports approximately $9.77M in documented CapEx across the portfolio, averaging roughly $96,775 per property. Actual capital improvements, scope of work, timing, condition, and amount spent vary by property and should be independently reviewed by buyers during due diligence. Reported improvements may include updated kitchens, bathrooms, flooring, lighting, paint, trim, cabinetry, fixtures, appliances, and broader unit-level modernization, depending on the individual property.

The portfolio is positioned for investors seeking immediate scale, existing income, and a platform with potential for continued operational refinement. Select properties are also reported to have remaining tax abatement benefits, which may provide additional value subject to buyer verification.

For investors looking to establish or expand a meaningful Philadelphia residential portfolio, this offering delivers scale, infrastructure, and flexibility that can be difficult to assemble property by property. All property-level information, financials, rents, expenses, leases, occupancy, abatements, capital improvements, property condition, zoning, and investment assumptions are subject to buyer verification during due diligence. Roof has recently been silver coated.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA5

Rooms

Basement Full

Main Level Bedrooms 4

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Laundry Has Laundry

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Other

Above Ground Finished SqFt 1455

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 322217700

Ownership Fee Simple

SqFt Source 1455

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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2617 W MONTGOMERY AVE

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