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Your Dream Home Awaits

2209 Mount Vernon Street
Philadelphia, Pennsylvania PA 19130-3114
$849,000 Price
ACTIVE UNDER CONTRACT Status
2,619 SqFt
0.040 Acres
PAPH2131244 Listing ID
Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties. See additional listings at 2201 and 2205 Mt Vernon as well as 2200 Wallace St. Can be purchased separately or as a package. Are you looking for an established investment property? If so, I have the home for you! Located in the heart of Fairmount, this property consists of three sensational 2 bedroom units, each with their own unique characteristics. Enter the first floor unit and immediately you are welcomed by a vast center hall detailed with artistic hardwood flooring that guides you throughout each room. Follow the center hall and pass the gourmet kitchen to your left on your way to the sun soaked living room. Nestled in the back of the living room is an expansive private office space that enjoys direct access to the large rear patio. Make your way back to the front of the unit where you can find two spacious bedrooms, and a full hall bathroom. The second floor two bedroom, one bath unit boasts impeccable details throughout. Making your way through the front door, your attention will immediately be taken by the elegant open floor plan of the living area. To your left sits the capacious kitchen, with the dining/living area straight ahead, equipped with hardwood flooring, custom built-in shelving, recessed lighting, and convenient access to the large rear deck. Nearing the front of the unit are two large bedrooms and a tiled full bathroom. The final two bedroom, one bathroom unit of this property can be found on the third floor. Through the front entrance, an expansive kitchen can be found to the left, complete with an excess of counter space and stainless steel appliances. In the rear of the unit is the sun drenched dining/living area that features hardwood floors and direct access to the large rear deck that takes in sweeping views of the rear yard foliage. Making your way back to the front of the unit, you can find two commodious bedrooms and a full hall bathroom. All three units of this property share a lower level laundry area. Units 1 and 2 have a monthly rent of $1700, with Unit 1’s lease ending in June of 2023, and Unit 2’s lasting through May of 2023. Unit 3’s month rent is $1600, with their lease ending at the end of August of 2022. 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."
Schedule Showing
Status ACTIVE UNDER CONTRACT
County Philadelphia
Year Built 1920
Property Type Multi Family
Multi Family
Property Sub Type Interior Row/Townhouse

Primary Features

County: Philadelphia
Price/SqFt: 324.17
Property Sub Type: Interior Row/Townhouse
Property Type: Multi Family
Subdivision: ART MUSEUM AREA
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: Brick/Mortar
Garage: no
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Dimensions Source: Assessor
Lot Size Dimensions: 21.00 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
Elementary School: BACHE-MARTIN
Elementary School Source: 3rd Party
High School: BENJAMIN FRANKLIN
High School Source: 3rd Party
MLS Area: 19130 (19130)
Municipality: PHILADELPHIA
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District Source: 3rd Party
Waterfront: no

Additional

Accessibility Features: Doors - Swing In
Days on Market: 19
Historic: yes
Kick-Out Clause: no
Land Use Code: U50
Property Sub Type: Triplex
Year Assessed: 2022
Year Built Source: Assessor

Financial

Automatically Update Tax Values: yes
Contingency Type: Financing Approval, Home Inspection
Existing Lease Type: Yearly
Gross Scheduled Income: 60000
Inclusions: all refrigerators and washer/dryers in units.
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: 197
Tax Total Finished SqFt: 2619
Tax Year: 2022
Total Actual Rent: 60000
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. Listing courtesy of Compass Pennsylvania, LLC. Data last updated on Friday, August 19th, 2022 04:43:31 PM.

Contact - Listing ID PAPH2131244

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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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