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Your Dream Home Awaits

2201 Mount Vernon Street
Philadelphia, Pennsylvania PA 19130-3114
$839,000 Sold For
CLOSED Status
2,619 SqFt
0.030 Acres
PAPH2130990 Listing ID
2201 Mt Vernon Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties. See additional listings at 2205 and 2209 Mt Vernon as well as 2200 Wallace St. Can be purchased separately or as a package. A unique opportunity to own three meticulously maintained units in the popular neighborhood of Fairmount awaits. This income-generating triplex features one, 1 bedroom unit, and two, 2-bedroom units, all with ultra modern fixtures throughout. Unit one is elegantly hosted by the entire first floor of the home. Making your way through the front door, you are greeted to the unit by a chef’s kitchen, accented with ultra modern tiling, five-star stainless steel appliances, artistic wooden cabinetry, and recessed lighting. Through the kitchen sits the expansive living area detailed with hardwood flooring, crown molding, a formal dining area, an abundance of natural light, and recessed lighting. The primary suite can be found near the entrance of the unit, equipped with crown molding and hardwood flooring and enjoys the use of a large full hall bath. This unit is complete with a backyard brick patio accented with a vibrant foliage and a gardening area. The two bedroom, one bathroom second unit of this property is sure to impress. Through the main entrance is the gourmet kitchen that features ample counter space and state of the art appliances. Nestled in the back of the unit is the sweeping living area, complete with hardwood floors, an intimate dining area, and crown molding. The primary suite is situated in the front of the unit, boasting a beautiful custom wooden shelving piece, hardwood flooring, crown molding, and plenty of space to accommodate an office area. The second spacious bedroom and a full hall bathroom complete this unit. The third and final unit of this property hosts two bedrooms, one bathroom, and a welcoming traditional floor plan. Upon entry, you are met by a massive sunsoaked living room, complete with hardwood flooring and an in-home office space. Directly off the living room is a tremendous eat-in kitchen, detailed with stainless steel appliances, gorgeous wooden cabinetry, and a pleasant dining area. Two spacious bedrooms, each with adequate closet space and hardwood flooring, and a full hall bathroom complete this unit. All three units of this property share a lower level laundry area. Unit 1’s lease ends at the end of July 2023, charging $1600 per month. Unit 2’s monthly charge is $1690 with the lease concluding in August of 2022. Unit 3’s lease ends at the conclusion of July 2023 with a monthly rent of $1700. This property sits just steps away from the beautiful lush greenery of Corinthian Gardens. Here, community members plant gorgeous vegetation and manicure them daily, adding a breath of fresh air to the neighborhood. Conveniently located just a block off of Fairmount Avenue, there are many local happenings and amenities just a short walk away, including the Eastern State Penitentiary, Zorba’s Tavern, A Mano, Jack’s Firehouse, and more! The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.
Status CLOSED
County Philadelphia
Year Built 1920
Property Type Multi Family
Multi Family
Property Sub Type End of Row/Townhouse

Primary Features

County: Philadelphia
Price/SqFt: 324.17
Property Sub Type: End of Row/Townhouse
Property Type: Multi Family
Year Built: 1920
Zoning: RSA5

Interior

Central Air: yes
Cooling Type: Central A/C
Heating: yes
Heating Type: Forced Air
Living Area SqFt Source: Assessor
Total Below Grade SqFt Source: Assessor
Total SqFt: 2619
Total SqFt Source: Assessor

External

Architectural Style: Straight Thru
Building Units Total: 3
Construction Materials: Masonry
Cooling Fuel: Electric
Foundation Details: Stone
Garage: no
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Dimensions Source: Assessor
Lot Size Dimensions: 18.00 x 75.00
Lot Size Source: Assessor
Lot Size Units: Square Feet
New Construction: no
Other Structures: Above Grade, Below Grade
Other Units: Unit 1,Unit 2,Unit 3
Pool: No Pool
Sewer Septic: Public Sewer
Tidal Water: no
Type of Parking: On Street
Water Access: no
Water Oriented: no
Water Source: Public
Water View: no

Location

Country: US
MLS Area: 19130 (19130)
Municipality: PHILADELPHIA
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District Source: Listing Agent
Waterfront: no

Additional

Accessibility Features: Doors - Swing In
Base Off Market Date: 2022-08-26T00:00:00+00:00
Days on Market: 18
Historic: yes
Land Use Code: U50
Property Sub Type: Triplex
Year Assessed: 2022
Year Built Source: Assessor

Financial

Automatically Update Tax Values: yes
Buyer Financing: Cash
Contingency Type: Home Inspection
Existing Lease Type: Yearly
Gross Scheduled Income: 60000
Inclusions: washer and dryers and refrigerators
Ownership Interest: Fee Simple
Possession: 0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Rent Control: no
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 8345
Tax Assessed Value: 596200
Tax Lot: 202
Tax Total Finished SqFt: 2619
Tax Year: 2022
Vacation Rental: no

Zoning Info


© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Compass Pennsylvania, LLC. Data last updated on Saturday, November 26th, 2022 03:30:17 PM.
#IDX-primaryPhoto,#idx-details-header Listed by: Compass Pennsylvania, LLC

Contact - Listing ID PAPH2130990

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Jonathan Fink

1619 Walnut Street
Philadelphia, PA 19103
Phone: 215 805 5276
Phone Alt: 215-805-5276

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