1717 Mount Vernon St, Philadelphia, PA 19130

$1,190,000
7
BD
4
BA
4,256
SqFt

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Sold Price
$1,190,000
List Price
$1,275,000

Property Description

Here is your chance to own a 6 BEDROOM 4 BATH MANSION that sits on a double lot (40’ x 106’) on a picturesque block in the Art Museum neighborhood of Philadelphia along with a huge carriage house on the lot next door - included in the sale -- that also has existing curb cuts. There are several options for this property -- Turn it into your dream home. The existing building consists of over 4,000/SF, Original woodwork, character, and architectural details remain throughout the home and need a little vision & TLC in order to bring them back to life. The side lot can make for unparalleled city-living & outdoor space. A carriage house sits on the back of the side lot and can be brought back to life for many different potential-uses. There are also existing curb cuts for convenient private parking! The other option: renovate to build 9 luxury 2 bed 2 bath apartments or condos. THIS PROJECT IS SHOVEL READY! Owners have already done extensive, years-long, legwork with the city & historical comm. to turn this into an amazing development opportunity. This property is SHOVEL-READY, with permits in hand (start immediately!), to renovate and BUILD 9 LUXURY 2 BED 2 BATH APARTMENTS OR CONDOS. Luxury boutique condos are selling starting around $650/SF! Luxury 2 Bed, 2 Bath, apartments are leasing beginning around close to $3,000/mo. Located just steps away from the neighborhood’s best amenities, including; A Mano, Sabrina’s Cafe, Honeysuckle, Urban Farmer, Jack’s Firehouse, Whole Foods & much more. Easy access to the best museums, public transportation and major roadways make this location highly desirable. Whether you are an INVESTOR, developer or a creative homeowner, don’t miss this rare opportunity! PLANS & PERMITS ARE READILY AVAILABLE UPON REQUEST.

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Listing courtesy of Coldwell Banker Realty. Contact:

Selling Office: Coldwell Banker Realty.