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1601 Mount Vernon Street

PHILADELPHIA, PA 19130
  • $600,000
  • STATUS: Active
  • ON SITE: 347 Days
  • ID#: PAPH953646
UPDATED: 65 min ago
$600,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,800
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1915
County:

School Ratings & Info

Description

Rare opportunity to renovate a historic building on a corner lot into a spectacular state-of-the-art home. 11' ceilings on the 1st & 2nd floors and a very large rear patio. (This home is also zoned for up to 5 units, so it can be a single family residence, a large residential owner's unit with 1-4 additional units for income, or a straight investment multi-unit building). 1601 Mt. Vernon, once the home of renowned abolitionist and Underground Railroad facilitator Robert Purvis, is a shell with substantial improvements, including meticulously restored front and side facades, (with some first floor facade work remaining to be completed); interior and exterior structural stabilization of the property; newer historically approved windows; new roof and roof drainage system; new attic joists; new roof decking; and a new basement foundation. The property used to have a rear ell, facing 16th Street, which the new buyer will have to rebuild as a new construction addition to the current shell. When complete, you will have 3,800 sq.ft. of livable space plus 600 sq.ft. of lower level space plus attic storage--a premier corner property. Significant amount of new construction on this prime block in the Spring Garden Neighborhood. An easy walk to everything the Art Museum area (Whole Foods, Target, great restaurants and coffee shops) and Center City have to offer. Big south facing windows with skyline views from 3rd floor plus a skylight in the new roof. NOTES--The sale of 1601 Mt Vernon MUST BE APPROVED BY THE COURT as part of an Act 135 conservatorship proceeding. Contact Agent for more details. A curb-cut for parking would require a variance. SHOWING NOTES--When showing (or walking by), the rear ell dimensions are delineated by the dug out rear foundation area. Note how large this building will be with the rear ell and also how large the patio space will remain. Also, the temporary structural walls currently in the property can now be removed as substantial structural support has been added. This structural work includes star bolts, rebuilt chimneys, New attic floor. Please bring a flashlight as there is no electricity. Agent and Buyers must sign liability waiver before entering. ELIGIBLE FOR 10 YEAR TAX ABATEMENT.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-24T20:50:04.863.
www.luxlivinggroup.com/homes/111755860
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1601 Mount Vernon Street PHILADELPHIA, PA 19130

  • Price: $600,000
  • Status: Active
  • Updated: 65 min ago
  • ID#: PAPH953646
0
Beds
0
Baths
0
½ Baths
0.05
Acres
3,800
SQFT
$158
$/SQFT
1915
Built
Neighborhood:
Art Museum (Spring
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
Rare opportunity to renovate a historic building on a corner lot into a spectacular state-of-the-art home. 11' ceilings on the 1st & 2nd floors and a very large rear patio. (This home is also zoned for up to 5 units, so it can be a single family residence, a large residential owner's unit with 1-4 additional units for income, or a straight investment multi-unit building). 1601 Mt. Vernon, once the home of renowned abolitionist and Underground Railroad facilitator Robert Purvis, is a shell with substantial improvements, including meticulously restored front and side facades, (with some first floor facade work remaining to be completed); interior and exterior structural stabilization of the property; newer historically approved windows; new roof and roof drainage system; new attic joists; new roof decking; and a new basement foundation. The property used to have a rear ell, facing 16th Street, which the new buyer will have to rebuild as a new construction addition to the current shell. When complete, you will have 3,800 sq.ft. of livable space plus 600 sq.ft. of lower level space plus attic storage--a premier corner property. Significant amount of new construction on this prime block in the Spring Garden Neighborhood. An easy walk to everything the Art Museum area (Whole Foods, Target, great restaurants and coffee shops) and Center City have to offer. Big south facing windows with skyline views from 3rd floor plus a skylight in the new roof. NOTES--The sale of 1601 Mt Vernon MUST BE APPROVED BY THE COURT as part of an Act 135 conservatorship proceeding. Contact Agent for more details. A curb-cut for parking would require a variance. SHOWING NOTES--When showing (or walking by), the rear ell dimensions are delineated by the dug out rear foundation area. Note how large this building will be with the rear ell and also how large the patio space will remain. Also, the temporary structural walls currently in the property can now be removed as substantial structural support has been added. This structural work includes star bolts, rebuilt chimneys, New attic floor. Please bring a flashlight as there is no electricity. Agent and Buyers must sign liability waiver before entering. ELIGIBLE FOR 10 YEAR TAX ABATEMENT.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Lot Features Corner Other Structures Above Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3800 Basement Full Basement YN Yes Cooling None Fireplaces Total 0 Heating None Levels 3 Main Level Bedrooms 0 Upper Level1 Bedrooms 0

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel None Cross Street 16th Heating Fuel None Hot Water None Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 304390162862 Ownership Interest Fee Simple Possession Other Sale Type Third Party Approval Senior Community YN No Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 2830.00 Tax Assessment Amount 202200.00 Tax Lot 2 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Compass Pennsylvania, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-24T20:50:04.863.
 
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