3503 MIDVALE AVENUE, Philadelphia, PA 19129

  • $10,500,000
3503 MIDVALE AVENUE, Philadelphia, PA 19129
Active Excellent
3503 MIDVALE AVENUE, Philadelphia, PA 19129
3503 MIDVALE AVENUE, Philadelphia, PA 19129
  • $10,500,000

Overview

Property ID: PAPH2385318
  • Commercial Sale
  • Property Type
  • 30000
  • 0.28
  • Lot Acres
  • 2024
  • Year Built

Description

INTRODUCING: THE GRACE — named for a Philadelphia icon, Grace Kelly — this boutique new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. Nearly fully leased in its first year of occupancy, 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 with studios, 1bd and 2bd apartments, 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.

  • Address 3503 MIDVALE AVENUE
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19129
  • Area EAST FALLS
  • Country US

Details

Updated on December 3, 2024 at 1:41 pm
  • Property ID: PAPH2385318
  • Price: $10,500,000
  • Property Size: 30000
  • Land Area: 0.28 Acres
  • Garage Size: x x
  • Year Built: 2024
  • Property Type: Commercial Sale
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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