1601 MOUNT VERNON ST PHILADELPHIA, PA 19130

$600,000

1 of 16

Bedrooms

Total Baths

Full Baths

3,800

Square Feet

0.05

Acres

1915

Year Built

142 days

On Website

Active

Status

Rare opportunity to renovate a historic building on a corner lot into a spectacular state-of-the-art home. 11' ceilings on the 1st & 2nd floors and a very large rear patio. (This home is also zoned for up to 5 units, so it can be a single family residence, a large residential owner's unit with 1-4 additional units for income, or a straight investment multi-unit building). 1601 Mt. Vernon, once the home of renowned abolitionist and Underground Railroad facilitator Robert Purvis, is a shell with substantial improvements, including meticulously restored front and side facades, (with some first floor facade work remaining to be completed); interior and exterior structural stabilization of the property; newer historically approved windows; new roof and roof drainage system; new attic joists; new roof decking; and a new basement foundation. The property used to have a rear ell, facing 16th Street, which the new buyer will have to rebuild as a new construction addition to the current shell. When complete, you will have 3,800 sq.ft. of livable space plus 600 sq.ft. of lower level space plus attic storage--a premier corner property. Significant amount of new construction on this prime block in the Spring Garden Neighborhood. An easy walk to everything the Art Museum area (Whole Foods, Target, great restaurants and coffee shops) and Center City have to offer. Big south facing windows with skyline views from 3rd floor plus a skylight in the new roof. NOTES--The sale of 1601 Mt Vernon MUST BE APPROVED BY THE COURT as part of an Act 135 conservatorship proceeding. Contact Agent for more details. A curb-cut for parking would require a variance. SHOWING NOTES--When showing (or walking by), the rear ell dimensions are delineated by the dug out rear foundation area. Note how large this building will be with the rear ell and also how large the patio space will remain. Also, the temporary structural walls currently in the property can now be removed as substantial structural support has been added. This structural work includes star bolts, rebuilt chimneys, New attic floor. Please bring a flashlight as there is no electricity. Agent and Buyers must sign liability waiver before entering. ELIGIBLE FOR 10 YEAR TAX ABATEMENT.

Listed By Compass Pennsylvania, LLC

Details


Interior
Living Area
3,800 SqFt.

Building And Construction
Property Sub Type
Single Family Residence
Property Type
Residential
Year Built
1915

Exterior And Lot
Lot Size Acres
0.05
Lot Size Square Feet
2000
Lot Size Units
Square Feet
Pool
No Pool
Zoning
RM1

Utilities
Cooling
None
Cooling Fuel
None
Heating
None
Heating Fuel
None
Hot Water
None

Area And Schools
City
Philadelphia
County Or Parish
Philadelphia
High School District
The School District Of Philadelphia
Subdivision Name
Art Museum (spring

Financial Info
Buyer Agency Compensation
3%
Short Sale
No
Tax Annual Amount
$2,830.00
Tax Year
2021

Additional Info
Location Type
Corner Lot/Unit
Price Per SQFT
157.89
School Tax
1553.00
Status Detail
Active
Tax Total Finished SQFT
1800
TaxDataUpdatedYN
Y
Total SQFT
3800

Listing By Compass Pennsylvania, LLC

MLS# PAPH953646

Data Last Updated 2:40pm - 05/06/2021

BRIGHT MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Preferred participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright© 2021 Bright MLS. All rights reserved.

19130 Statistics and Information

Transportation

Walking

Very Walkable

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