$9,900,000
( $330.00Per Sq Foot )
 $53,145 est/mo Sourced by Back At You

3503 Midvale Ave , Philadelphia, PA 19129

Philadelphia, PA 19129

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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 morejust 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.

Details

MLS#PAPH2385318
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive
Year2024
Days On Site167
Listing Provided ByKeller Williams Liberty Place | Ryan J McManus

Features

SQ Feet30,000
ZoningCMX25
Acreage0.28
Property ViewYes

Market Activity 19129

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Listings Checked: 14 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19129
Area19129
Community NameEast Falls
School DistrictThe School District Of Philadelp
Listing VS Median (in East Falls)
Price:
$9,900,000
low | high
Med:
$2,975
100% of Average
SqFt:
30,000
low | high
Med:
2,091
100% of Average
$ / SqFt:
$330
low | high
Med:
$1
100% of Average
On Site:
167
low | high
Med:
53.000000
100% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 7:21:41 PM PST