1707 Mt Vernon Street
1707 Mt Vernon Street
$1,295,000
9
6,768
6,768
$191
Pending
Description
Select Commercial Advisors is pleased to present the opportunity to acquire 1707 Mount Vernon Street, a well-maintained, professionally-managed, income-producing 5-unit multifamily property located in the heart of the Art Museum/Fairmount district, one of Philadelphia's most desirable and established neighborhoods. Excellent for a 1031 exchange. This rare investment opportunity seamlessly blends history, charm, and value. The spacious, well-designed layouts with multiple private outdoor spaces and...Select Commercial Advisors is pleased to present the opportunity to acquire 1707 Mount Vernon Street, a well-maintained, professionally-managed, income-producing 5-unit multifamily property located in the heart of the Art Museum/Fairmount district, one of Philadelphia's most desirable and established neighborhoods. Excellent for a 1031 exchange. This rare investment opportunity seamlessly blends history, charm, and value. The spacious, well-designed layouts with multiple private outdoor spaces and stunning original character make this property a standout choice for tenants seeking a unique and comfortable living experience. With approx. 6,768 square feet of building area, composed of 4 x two-bedroom units and 1 x one-bedroom unit, the average unit size is much larger than comparable properties in the area. Situated on a tree-lined block in a vibrant neighborhood, this property is surrounded by culture and amenities, including the Philadelphia Museum of Art, Franklin Institute, Eastern State Penitentiary, plentiful shops, cafes, restaurants, schools, parks, ample public transit such as 30th Street Station, multiple SEPTA bus routes, the Broad Street Line, and more. Gross income is $106,068 annually. Increase rents with minimal cosmetic upgrades. Don't miss the opportunity to own a piece of Philadelphia history while securing a smart investment for the future. Inquire for full offering memorandum and showings.
- Listed by Samantha Lee Miller • Select Commercial AdvisorsP: 2153153326 samantha@select-ca.com
- Listed by Piruz Partow • Select Commercial AdvisorsP: 6464361222 piruzpartow@gmail.com
Property Details for 1707 Mt Vernon Street
Tax ID Number
881807550
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleArt Deco
WaterfrontNo
GarageNo
Expected On Market Date12-22-2023
SubdivisionFAIRMOUNT
Location
LISTING UPDATED: 05/31/2024 03:45 PM
Property Details for 1707 Mt Vernon Street
Status | Pending |
---|---|
MLS # | PAPH2306420 |
Days on Market | 162 |
Taxes | $11,637 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.06 AC / 2,700 SF |
County | Philadelphia County |
Location
Building Information for 1707 Mt Vernon Street
Stories-Residences4Year Built1920Building Size-Lot Size0.06 AC / 2,700 SF
Payment Calculator
$8,037 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1707 Mt Vernon Street
Property History for 1707 Mt Vernon Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1707 Mt Vernon Street
Taxable ValueLand$83,140Additions$748,260Total$831,400
Tax Record2023$11,638 ($970 / month)
Home Facts
Total Finished SqFt3,774 SqFtAbove Grade Finished SqFt3,774 SqFtStories3Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRM1CountyPHILADELPHIAAPN88-1-8075-50
Schools near 1707 Mt Vernon Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Waring Laura W School PublicPK to 8 | ||
Franklin Benjamin High School Public9 to 12 | ||
Masterman Julia R Secondary School Public5 to 12 | ||
Franklin LC Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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