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Sold for $455,000 on 06/20/23
  • $455,000

    1601 Mount Vernon St, Philadelphia, PA 19130

    --beds
    --baths
    --sqft
    Townhouse
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,688 Estimated rent

    What's special

    1601 Mount Vernon St. is a great opportunity for a developer or savvy investor to capitalize on a piece of Philadelphia history in a highly desirable historic neighborhood near Center City. On a 20’x100’ corner lot, with a building façade on 16th St. (20’x30’, with the rest of the property a vacant lot), professionals have created a best and highest use plan for this lot, having consulted with the Philadelphia Historical Commission, to erect 2 single family homes with parking (approximately 3,000+ sq. ft. each). Each single family home is estimated to be valued at well over $1M when completed. Please note this is not a final approval of the design of the building by the Historical Commission, but the design of the building is deemed to be generally responsive with what the Commission could likely approve (see the conceptual drawings in the documents section). The existing historic structure/shell has meticulously restored front and side facades, a stabilized interior and exterior, a new roof, new joists, new basement foundation, and newer windows. There will be a zoning variance needed for parking/curb cuts. This is a great opportunity to live in/build a slice of history, and create your own, as the home was lived in and belonged to abolitionist Robert Purvis, an Underground Railroad facilitator. The Spring Garden neighborhood features handsome preserved Victorian architecture, Green Street Dog Park, The Spring Gardens community garden, and many fine restaurants, and is walking distance to Center City and Rittenhouse Square, steps from the Art Museum and Whole Foods, Target, and other essential retail stores, with easy access to highways and University City. The sale of 1601 Mt Vernon must be approved by the court as part of an Act 135 conservatorship proceeding. Please see the documents section of this listing to view preliminary plans/drawings

    Zillow last checked: 7 hours ago

    Listing updated: December 07, 2023 at 07:40am

    Listed by:

    Jafar Maleki 215-852-2040,

    BHHS Fox & Roach-Center City Walnut,

    Listing Team: Insight Property Advisors.Com

    Bought with:

    Jafar Maleki, RS291788

    BHHS Fox & Roach-Center City Walnut

    Source: Bright MLS,MLS#: PAPH2198020MLS Logo

    Facts & features

    Interior

    Basement
    • Area: 0
    Heating
    • None
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,000 sqft
    • Dimensions: 20.00 x 100.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 871514390
    • Zoning: RM1
    • Special conditions: Third Party Approval

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • Fixer
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Fairmount
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple
    Services availability