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3225 Mount Vernon Street

PHILADELPHIA, PA 19104
  • $389,900
  • STATUS: Active Under Contract
  • ON SITE: 285 Days
  • ID#: PAPH987008
Under Contract
UPDATED: 42 min ago
$389,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,812
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Great Investment Opportunity or Live / Rent Opportunity just a few blocks from Drexel University! This 1800+ sqft property is properly zoned for Duplex. Located just a five blocks from Drexel Campus and Drexel Park (as well as the Schuylkill Trail, this is a fantastic location for student renters, as well as travelers, and local residents. Rentals in the surrounding blocks are always at full capacity! First floor is rented for $1,300.00 through August 31, 2022 (with an opportunity for renew 90 days prior) and the second floor is currently marketed for $1,900.00. This duplex houses a 1 bedroom, 1 bath and 3 bedroom, 1 bath units that have freshly updated, had new bathrooms installed in 2016, upgrades to kitchens with laundry added; and yet, there is much more room for growth. Central air can easily be added with existing ductwork and heating systems. All window A/C units and appliances are included in the sale. Situated close to all that University City has to offer and is not far from mass transit; including 30th street station, regional rail and Amtrak. Not only is the property located blocks from 30th Street station, it is less than half mile from the Schuylkill River Trail, the Art Museum and the Parkway! The property is also located blocks from the 7 million square foot UCity Square mix-use development, the $3.5 billion Schuylkill Yards Development and the forthcoming Platinum Corridor with 3.0 University Place. This will help for Philadelphia to cement its future as the national leader in the life sciences industries. Don't miss out on this fantastic income generating opportunity! Or live in one unit and rent the other to assist with your mortgage! This property is being sold "As is, Where is".

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©2021 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. 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. Data last updated: 2021-11-28T21:49:25.69.
www.sellingdcmetro.com/homes/114244671
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3225 Mount Vernon Street PHILADELPHIA, PA 19104

  • Price: $389,900
  • Status: Active Under Contract
  • On Site: 285 Days
  • Updated: 42 min ago
  • ID#: PAPH987008
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,812
SQFT
$215
$/SQFT
1930
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Great Investment Opportunity or Live / Rent Opportunity just a few blocks from Drexel University! This 1800+ sqft property is properly zoned for Duplex. Located just a five blocks from Drexel Campus and Drexel Park (as well as the Schuylkill Trail, this is a fantastic location for student renters, as well as travelers, and local residents. Rentals in the surrounding blocks are always at full capacity! First floor is rented for $1,300.00 through August 31, 2022 (with an opportunity for renew 90 days prior) and the second floor is currently marketed for $1,900.00. This duplex houses a 1 bedroom, 1 bath and 3 bedroom, 1 bath units that have freshly updated, had new bathrooms installed in 2016, upgrades to kitchens with laundry added; and yet, there is much more room for growth. Central air can easily be added with existing ductwork and heating systems. All window A/C units and appliances are included in the sale. Situated close to all that University City has to offer and is not far from mass transit; including 30th street station, regional rail and Amtrak. Not only is the property located blocks from 30th Street station, it is less than half mile from the Schuylkill River Trail, the Art Museum and the Parkway! The property is also located blocks from the 7 million square foot UCity Square mix-use development, the $3.5 billion Schuylkill Yards Development and the forthcoming Platinum Corridor with 3.0 University Place. This will help for Philadelphia to cement its future as the national leader in the life sciences industries. Don't miss out on this fantastic income generating opportunity! Or live in one unit and rent the other to assist with your mortgage! This property is being sold "As is, Where is".
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1812 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating None Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 304476722921 Ownership Interest Fee Simple Possession 61-90 Days Cd31-60 Days Cd0-30 Days Cd Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 2133.00 Tax Assessment Amount 152400.00 Tax Lot 101 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Common Ground Realtors.


©2021 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. 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. Data last updated: 2021-11-28T21:49:25.69.
 
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