$ 725,000
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$725,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing KWRLTYLP1 - 3197472,3308887
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.
Listing Highlights for 3528 Mount Vernon St
Status
Active
Days on Site
397
Property Type
Vacant Land
MLS ®
PAPH2384640
Year Built
Total Square Footage
0
Lot/Acreage
0.09
County
Philadelphia
Neighborhood
University City
Area
19104 (19104)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Irregular,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 105.00 X 65.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
3528 Mount Vernon St Philadelphia, PA 19104
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