Property
Philadelphia, PA 19130 2037 Mount Vernon Street
$1,299,000
57 more
Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square
SQFT • 3,285
Home Details
Incredible investment opportunity on one of the most desirable tree-lined blocks in the heart of the Art Museum area. This fully occupied multi-family property features six one-bedroom apartments, generating a strong monthly income of $9,295. Unit 1R enjoys exclusive access to a spacious private backyard, offering added appeal for tenants. The building includes a large unfinished basement perfect for storage and is fully separately metered, providing added convenience for both owner and tenants. A rare find in a high-demand rental locationperfect for investors looking to expand their portfolio. This opportunity won't last.
Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square
Interior Features for 2037 Mount Vernon Street
Bathrooms
Total Restrooms6
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2037 Mount Vernon Street
Acceptable FinancingNegotiable
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
Cap Rate8.59
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsWest on Mount Vernon from 20th
DisclosuresProp Disclosure
Electric200+ Amp Service
ExclusionsAll tenants Personal Belongings
Gross Income111540.00
HeatingForced Air
Insurance Expense4703.00
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet2249.00
Lot Size UnitsSquare Feet
MLS Area19130 (19130)
ModificationTimestamp2025-04-02T08:01:35
MunicipalityPHILADELPHIA
Net Operating Income96192.00
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate, 0-30 Days CD, 120-180 Days, 31-60 Days CD, 90-120 Days CD
Price Per Sq Ft Total AG395.43
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofUnknown
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount10645.0
Tax Assessed Value760500.0
Tax Lot6
Tax Year2024
Total Actual Rent111540.00
TransportationAirport less than 10 miles, Metro/Subway Station less than 1 mile, Commuter Lots less than 5 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRM1
Exterior for 2037 Mount Vernon Street
Building Area Total3285.00
Car Parking Spaces
Door FeaturesDouble Entry
Fencing Y/NN
Foundation DetailsConcrete Perimeter, Brick/Mortar
InclusionsAll Appliances owned by the sellers
Land Assessed Value228150.00
Land Use CodeCA0
Lot Dimensions22.00 x 101.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentNegotiable
Road Surface TypePaved
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Charles Torres
Owner