PA
PHILADELPHIA
19104
3528 MOUNT VERNON STREET
3528 MOUNT VERNON STREET, PHILADELPHIA, PA 19104
Listing Type
lots/land
Listing Status
active
16
$900,000

Home Details for 3528 MOUNT VERNON STREET

Price
$900,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.09
Garage
Days on site
97
MLS Listing#
PAPH2384640
Listing courtesy: Keller Williams Liberty Place - 6093995454
Property Description

INTRODUCING 3528 MOUNT VERNON - A prime QOZ (Opportunity Zone) multifamily development opportunity in the University City submarket of Philadelphia, Pennsylvania. With 18 units (46 beds) in a proposed 19,500 SF structure, this asset will command the city’s most robust rental demand for generations to come. Surrounded by the “Eds and Meds” economic engine that powers Philly, there are billions of dollars in active stage developments nearby — including Science Center, Schuylkill Yards, Amtrak’s 30th Street Station master plan, and campus expansion efforts from leading universities Penn and Drexel. The property can be positioned for student housing for the universities but it can equally accommodate young professionals, academics, post-graduates, etc. Penn Presbyterian, HUP and CHOP are several of the world-class healthcare systems operating nearby. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible to verify taxes and entitlements in DD. Lot dimensions are approximate. Renderings for illustrative purposes.

Property Features
  • Water Features
    • Public
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-11-09 04:08:12
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
Request more details
Code: