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1717-19 Mt Vernon st 9 Unit Apartment Building $1,275,000 ($141,667/Unit) Philadelphia, PA 19130

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INVESTMENT HIGHLIGHTS

  • Shovel ready, permits in hand
  • Over 4,000/SF

EXECUTIVE SUMMARY

Here is your chance to own a mansion that sits on a double lot (40’ x 106’) on a picturesque block in the Art Museum neighborhood of Philadelphia. The owners have already done extensive, years-long, legwork with the city & historical comm. to turn this into an amazing development opportunity. This property is SHOVEL-READY, with permits in hand (start immediately!), to renovate and BUILD 9 LUXURY 2 BED 2 BATH APARTMENTS OR CONDOS. Luxury boutique condos are selling starting around $650/SF! Luxury 2 Bed, 2 Bath, apartments are leasing beginning around close to $3,000/mo. Not interested in developing it? Turn it into your dream home. The existing building consists of over 4,000/SF, 6 bedrooms & 4 bathrooms. Original woodwork, character and details remain throughout the home and need a little TLC & vision in order to bring them back to life. The side lot can make for unparalleled city-living & outdoor space. A carriage house sits on the back of the side lot and can be brought back to life for many different potential-uses. Located just steps away from the neighborhood’s best amenities, including; A Mano, Sabrina’s Cafe, Honeysuckle, Urban Farmer, Jack’s Firehouse, Whole Foods & much more. Easy access to the best museums, public transportation and major roadways make this location highly desirable. Whether you are an INVESTOR, developer or a creative homeowner, don’t miss this rare opportunity! PLANS & PERMITS ARE READILY AVAILABLE UPON REQUEST.

PROPERTY FACTS

Price $1,275,000
Price Per Unit $141,667
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 14,000 SF
No. Stories 3
Year Built 1920
Zoning RM1 - RM-1 is a residential multi-family district primarily intended to accommodate moderate- to high- density, multi-unit residential buildings

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Tub/Shower
  • Yard
  • Basement
  • Dining Room
  • Lawn
  • Large Bedrooms

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 9 - 700
Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35808395

  • Date on Market: 5/9/2025

  • Last Updated:

  • Address: 1717-19 Mt Vernon st, Philadelphia, PA 19130

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