Photo of 2617 W Montgomery Avenue, Philadelphia PA
     
2617 W Montgomery Avenue
Brewerytown
Philadelphia, PA 19121
19121 Brewerytown North Phila
The School District Of Philadelphia
Philadelphia County
Asking Price$204,000
Bedrooms4
Full Baths2
Partial Baths1
Acres0.02
Interior SqFt1,455
Age111
HeatingElectric
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2025)883

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.

Room Sizes

Location


Driving Directions
Get on I-76 W 1 min (0.2 mi) Head southeast on South St/S St Bridge  246 ft Turn left to merge onto I-76 W  0.1 mi  Continue on I-76 W. Take US-13 N to W Montgomery Ave 7 min (3.1 mi) Merge onto I-76 W  1.9 mi Take exit 342 for US-13/US-3

Details
Architectural Type - Straight Thru
Basement - Full
Exterior Features - Masonry
Cooling - Central A/C, Electric
Heating - Forced Air, Electric
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 63088
Latitude : 39.982941
Longitude : -75.177574
EveryHome Number : APH263-60609
Listing Courtesy KW Empower
Zoning Designation RSA5