MPN Sells Montrose apartments for $1.4 million.

Friday, January 28, 2011

Montrose apartments, a complex at 4627-29 Baltimore Ave. in Philadelphia sold for $1.4 million. The building consists of 15 apartments and four commercial spaces. The buyer was a suburban investor going under the name 4627-29 Baltimore Ave. LLC is making its first Philadelphia purchase. The seller was Drexel Properties LLC, an owner of other properties in the University City area. Mallin Panchelli Nadel arranged the sale …