About 2400 W Montgomery Ave
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 $219K per unit as a stabilized new construction apartment building in an appreciating location with a 6.8% in-place cap rate. Walk to amenities, parks, transportation. 10 year tax abatement. Enquire within for financials.
Features of 2400 W Montgomery Ave
| MLS® # | PAPH2534016 |
|---|---|
| Price | $1,755,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,547 |
| Acres | 0.03 |
| Year Built | 2024 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 2400 W Montgomery Ave |
|---|---|
| Area | 19121 |
| Subdivision | BREWERYTOWN |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19121 |
Amenities
| View | City |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Lot Description | Corner Lot |
| Roof | Fiberglass |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | September 3rd, 2025 |
|---|---|
| Days on Market | 44 |
| Zoning | CMX2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Liberty Place |
|---|---|
| Contact Info | 6093995454 |