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PRICE $1,650,000 dsIDX morgage calculator
SIZE 14,000 sqft
LOT SIZE 4,356 sqft

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. All of the hard work is done, the owner spent many months and lots of capital getting this project approved and ready to be developed!! 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.

DAYS ON MARKET 21 LAST UPDATED 2/7/2025
TRACT FAIRMOUNT YEAR BUILT 1920
COMMUNITY 19130 (19130) COUNTY PHILADELPHIA
STATUS Active PROPERTY TYPE(S) Commercial

SCHOOLS
School District THE SCHOOL DISTRICT OF PHILADELPHIA

PRICE HISTORY
Prior to Feb 7, '25 $1,750,000
Feb 7, '25 - Today $1,650,000


ADDITIONAL DETAILS
AIR Central Air, Ductless, Electric
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA 19130 (19130)
HEAT Natural Gas, Radiant
LOT 4356 sq ft
LOT DIMENSIONS 40.00 x 106.00
PARKING None
SEWER Public Sewer
SUBDIVISION FAIRMOUNT
TAXES 13809
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1717 - 19 MOUNT VERNON STREET
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