3528 Mt Vernon Street
$900,000
3,900 / 0.09
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...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.
- Listed by Ryan J McManus • Keller Williams Liberty PlaceP: (610)-606-1095 ryan@agentphl.com
- Listed by Brandon Ribeiro • Keller Williams Realty - Ocean CityP: (267)-945-8167 brandon@agentphl.com
Property Details for 3528 Mt Vernon Street
Tax ID Number
774268000
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsCity
GarageNo
SubdivisionUNIVERSITY CITY
SubdivisionUNIVERSITY CITY (PHILADELPHIA PA)
LISTING UPDATED: 11/07/2024 09:59 AM
Property Details for 3528 Mt Vernon Street
Status | Active |
---|---|
MLS # | PAPH2384640 |
Days on Market | 136 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.09 AC |
County | Philadelphia County |
Building Information for 3528 Mt Vernon Street
Lot Size0.09 AC
Property Information for 3528 Mt Vernon Street
Property History for 3528 Mt Vernon Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3528 Mt Vernon Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mcmichael Morton School PublicPK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Paul Robeson High School For Human Services Public9 to 12 | ||
School Of The Future Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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