PA > Philadelphia > Fairmount
Philadelphia, PA 19130,1717-19 MOUNT VERNON ST
Philadelphia, PA 19130,1717-19 MOUNT VERNON ST
Philadelphia, PA 19130,1717-19 MOUNT VERNON ST
Philadelphia, PA 19130,1717-19 MOUNT VERNON ST
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Hovik Nazarian

Hovik Nazarian

+1(302) 740-0111
$ 1,750,000
Est. payment | /mo

14,000 SqFt

Save
$ 1,750,000
Est. payment | /mo
Save

14,000 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $125

Subdivision Fairmount

MLS Listing ID PAPH2439812

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $13,809

Tax Year 2024

Lot Size 4,256 Sqft

Acres 0.1

Lot Dimensions 40.00 x 106.00

Property Description

Prime Development Opportunity in the Fairmount Section of Center City Philadelphia! Shovel ready with permits! The 19130 zip code is one of the hottest in the nation, offering incredible potential for savvy developers. This project is fully approved and provides the opportunity to build 9 luxury condominiums or 9 high-end apartments, making it an excellent investment with significant ROI potential. Resale condominiums in the area command prices of $600 per square foot!The property includes an existing building and a spacious vacant lot, perfect for maximizing your development vision. Additionally, you can take advantage of Bonus Depreciation to optimize your financial returns. Fairmount is celebrated for its vibrant cultural scene, historic charm, and proximity to some of Philadelphia's most iconic landmarks, including the Philadelphia Museum of Art, Fairmount Park, and the Schuylkill River Trail. Residents enjoy a highly desirable urban lifestyle, with easy access to local cafes, fine dining, boutique shopping, and convenient public transportation. Don't miss this incredible opportunity to bring your vision to life in this thriving, centrally located community. Taxes and Square footage is the responsibility of the buyer to have verified independently.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Electric

Heating Radiant

Cooling Ductless/Mini-Split, Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 152060400

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Jim Onesti • KW Empower
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 740-0111

hoviksellshomes@gmail.com

3801 Kennett Pike Suite D200, Greenville, Delaware, 19807, United States

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1717-19 MOUNT VERNON ST