986 Sqft Lot
986 Sqft Lot
Key Details
Property Type Commercial
Sub Type Services
Listing Status Active
Purchase Type For Sale
Subdivision Graduate Hospital
MLS Listing ID PAPH2684234
Year Built 1915
Annual Tax Amount $9,017
Tax Year 2026
Lot Size 986 Sqft
Acres 0.02
Lot Dimensions 18.00 x 54.00
Property Sub-Type Services
Source BRIGHT
Property Description
The laundromat, along with all equipment, is included in the sale and features 20 washers and 14 dryers. The laundromat and all equipment are being conveyed in “as-is” condition. The commercial space has its own entrance from 15th Street, while the residential units share a separate entrance from Montrose Street, providing clear separation between the commercial and residential portions of the property.
Both apartments offer functional, light-filled layouts with modern kitchens, stainless steel appliances, full bathrooms, spacious living areas, hardwood flooring, and generously sized bedrooms with ample closet space.
The property is equipped with three gas hot-air heating systems, central air conditioning for the first-floor commercial space, four electric meters, and three gas meters—an attractive setup for an investor managing multiple occupants and utility responsibilities.
Located in one of Philadelphia's highly desirable and walkable neighborhoods, the property boasts a Walk Score of 97 and is surrounded by neighborhood amenities including Target, Sprouts Farmers Market, Wine & Spirits, restaurants, shops, parks, public transportation, Broad Street, and Washington Avenue.
Whether you're looking to add a mixed-use asset to your portfolio, operate an existing laundromat business, generate residential rental income, or capitalize on a sought-after Graduate Hospital location, 1501 Montrose Street offers strong investment potential.
Schedule your private showing today and explore the possibilities!
*Listing photos have been AI enhanced*
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Inclusions Laundromat and all equipment, 20 washers, 14 dryers
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871600920
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Nearby Locations
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