$9,750,000

3503 MIDVALE AVENUE, Philadelphia, PA 19129

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

INTRODUCING: THE GRACE — named for a Philadelphia icon, Grace Kelly — this boutique, 34-unit, ±30K SF new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. This premium turnkey multifamily asset commands an impressive streetscape presence on Midvale Avenue — the winding, bucolic avenue which runs from the top of the hill to the Schuylkill River. Located in the storybook East Falls setting where extremely high barriers-to-entry exists, the building is comprised of studios, 1bd and 2bd apartments and commercial space. Residents have access to a fully furnished fitness center on the ground floor to practice everyday health and wellness, as well as a panoramic rooftop terrace showcasing views of the lush surrounds. The Property is set back from the bustling Ridge Ave corridor and tucked into the landscape, providing a quiet respite for residents. Yet, it’s just steps from the plentiful shops, restaurants, cafes and amenities in the East Falls borough, and equally convenient to Main Street Manayunk, The Schuylkill River Trail, Septa’s regional rail station, Jefferson University, Wissahickon Valley Park, Bala Cynwyd shopping + office districts, and so much more—just outside of the urban core. The asset carries the benefits of a 10 year tax abatement along with minimal expenditures, in an area poised for above-average rent growth and appreciation — NW PHL. BUYER RESPONSIBLE TO VERIFY TAXES, FINANCIALS, SF IN DD. 48HR NOTICE REQUIRED TO TOUR.

Listing Status:
Active
Listing Office:
Keller Williams Liberty Place : 6093995454
Listing Agent:
Ryan J McManus : 6106061095
MLS ID:
PAPH2385318
  • Flooring: Luxury Vinyl Plank
  • A/C: Ductless/Mini-Split
  • Heating: YWall UnitElectric
  • Disability Feature: Elevator

This listing courtesy of Ryan J McManus, Keller Williams Liberty Place

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas Mifflin School

3624 Conrad St, Philadelphia, PA, 19129

Grades KG-8

0.05 miles away

T

Thomas Mifflin School

3624 Conrad St, Philadelphia, PA, 19129

Grades KG-8

0.05 miles away

R

Randolph A. Philip Avt High School

3101 Henry Ave, Philadelphia, PA, 19129

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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