Property
Philadelphia, PA 19130 1632 Mount Vernon Street
$945,000
63 more
Presented By: KW Empower
Beds • 8
Home Details
$50,000 Price Reduction! Excellent opportunity to acquirea five-unit income producer in the Spring Garden neighborhood. Units 1 thru 4 are currently occupied. Unit #1 is a main floor, 1 bed unit with breezeway and patio access. Unit #2 is a bi-level, 3 bed unit at the rear of the 1st and 2nd story, with patio and breezewayaccess. Unit #3 is a 1 bed unit occupying the front of the 2nd story. Unit #5 is a bi-level 2 bedroom unit occupying the 3rd floor front and the loft. Unit #4 is a studio occupyingthe rear of the 3rd floor. All units are separatelymetered and have HVAC. Coin-operated laundry in basement. Overnight notice required for showings.
Presented By: KW Empower
Interior Features for 1632 Mount Vernon Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1632 Mount Vernon Street
AccessibilityNone
Architectural StyleOther
Cap Rate6.10
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsWest on Mount Vernon
Garage Y/NNo
Gross Income82415.00
HeatingCentral
Insurance Expense4291.00
Lease TypeMonth to Month, Yearly
Lot Size Square Feet2422.00
Lot Size UnitsSquare Feet
MLS Area19130 (19130)
MaintenanceExpense3970.00
ModificationTimestamp2025-05-06T13:40:36
MunicipalityPHILADELPHIA
Net Operating Income58361.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
One Bedroom Units Count1
Operating Expense24054.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnerPaysWater, Snow Removal, Pest Control, Insurance, Common Area Maintenance
OwnershipFee Simple
PossessionOther
Price Per Sq Ft Total AG318.18
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeInterior Row/Townhouse
Tax Annual Amount8958.0
Tax Assessed Value640000.0
Tax Lot72
Tax Year2025
Total Actual Rent81500.00
Total SQFT2970
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1
Exterior for 1632 Mount Vernon Street
Foundation DetailsStone
Land Assessed Value128000.00
Land Use CodeN50
Lot Dimensions27.00 x 91.00
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Jenniffer Bravo Llerena
Associate