Investments Sales Management

Art Deco

1707 MOUNT VERNON STREET

PHILADELPHIA , PA 19130

MLS#: PAPH2306420

$1,295,000

Status: Closed
Listing number: PAPH2306420
Listing provided by: Select Commercial Advisors
Listing agent phone: None
Last update: 1 year, 1 month ago
On site: 1 year, 2 months ago
Browse Properties
FAIRMOUNT - Residential Income

Property

Beds

9

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

6,768

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.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6768.0

  • Cooling YN

    YES

  • Cooling

    Other

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Art Deco

Price

  • Sales Price

    $1,295,000

  • Tax Amount

    11637.0

  • Sq. Footage

    6, 768

  • Price/SqFt

    $191

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

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Listing Courtesy of Samantha Lee Miller , Select Commercial Advisors

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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.

1707 MOUNT VERNON STREET

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