Homes for sale - 3528-36 MOUNT VERNON ST, Philadelphia, PA 19104

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James Balletto

balletto.j@gmail.com +1(609) 349-2987

$ 900,000

Est. payment | -/mo

3,900 Sqft Lot

Save

$ 900,000

Est. payment | -/mo

Save

3,900 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH2384640

HOA Y/N N

Originating Board BRIGHT

Tax Year 2024

Lot Size 3,900 Sqft

Acres 0.09

Lot Dimensions 105.00 X 65.00

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Exterior

Water Access N

View City

Garage N

Building

Lot Description Corner, Irregular

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 774268000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Ryan J McManus • Keller Williams Liberty Place

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

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

3528-36 MOUNT VERNON ST Philadelphia, PA 19104