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3503 Midvale Avenue

Philadelphia, PA 19129

– beds
– baths
30,000 sqft
12,383 sqft lot
$350 per sqft
2024 build

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.

Listing courtesy of BRIGHT / Keller Williams Liberty Place

Last checked: Checking… • Last updated Oct 28, 2024 •

MLS# PAPH2412980 —

The Building

Year Built:

2024
Year Built Source:

Estimated
New Construction:

Yes
Construction Completed:

Yes
Construction Materials:

Masonry
Structure Type:

Other
Architectural Style:

Other
Historic:

No
Building Levels:

5
Building Units Total:

4
Roof:

Other
Elevators:

1
Security Features:

Exterior Cameras, Intercom
Accessibility Features:

Elevator
Foundation Details:

Concrete Perimeter
Total SqFt Source:

Estimated

Interior

Flooring Type:

Luxury Vinyl Plank
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

30000
Living Area SqFt:

30,000 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

BETWEEN CRESSON AND WARDEN ON MIDVALE.
Cross Street:

WARDEN DRIVE
Latitude:

40.01393890
Longitude:

-75.19246674
Location Type:

Urban

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.28
Lot Size Source:

Estimated
Lot Size Dimensions:

105.00 x 209.00
Lot Dimensions Source:

Estimated
Lot SqFt:

12,383 Sqft
Zoning:

CMX25
View:

City, River, Park/Greenbelt, Panoramic
Other Structures:

Above Grade
Water View:

Yes
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

PB0
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

882968860
Tax Year:

2024
Tax Lot:

148
Tax Annual Amount:

$2,432
Tax Assessed Value:

$173,800
Year Assessed:

2024
School Tax:

1362.0
City/Town Tax:

1070.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Ductless/Mini-Split
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Wall Unit
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

East Falls
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

Vacation Rental:

No
Single Room Units:

5
One Bedroom Units:

15
Two Bedroom Units:

13

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/22/24 Oct 22, 2024	Listed / Active	BRIGHT	$10,500,000

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This multifamily located in Germantown Chestnut Hill, Philadelphia, PA 19129 is currently for sale for $10,500,000. 3503 Midvale Avenue is a 30,000 square foot multifamily with – beds and – baths. 3503 Midvale Avenue is in the Germantown Chestnut Hill neighborhood of Philadelphia and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Roxborough High School and Thomas Mifflin School.

Listing Courtesy of: BRIGHT and Keller Williams Liberty Place.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.