3225 MOUNT VERNON Street
3225 MOUNT VERNON Street Philadelphia, Pennsylvania 19104 United States

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Common Ground Realtors

Listing Courtesy of Common Ground Realtors
1,812 Sq Ft.
.03 Acres
Multi Family
Property type
Year Built
Web Id
Philadelphia City
School District
days ago

About 3225 MOUNT VERNON Street

Great Investment Opportunity or Live / Rent Opportunity just a few blocks from Drexel University! This 1800+ sqft property is properly zoned for Duplex. Located just a five blocks from Drexel Campus and Drexel Park (as well as the Schuylkill Trail, this is a fantastic location for student renters, as well as travelers, and local residents. Rentals in the surrounding blocks are always at full capacity! Currently rented through August 31, 2021 (with an opportunity for renew 90 days prior) with Gross Rents of only $2,400 per month; there is much room to grow here as anticipated rents are $3,275 per month. This duplex houses a 1 bedroom, 1 bath and 3 bedroom, 1 bath units that have freshly updated, had new bathrooms installed in 2016, upgrades to kitchens with laundry added; and yet, there is much more room for growth. Central air can easily be added with existing ductwork and heating systems. All window A/C units and appliances are included in the sale. Situated close to all that University City has to offer and is not far from mass transit; including 30th street station, regional rail and Amtrak. Not only is the property located blocks from 30th Street station, it is less than half mile from the Schuylkill River Trail, the Art Museum and the Parkway! The property is also located blocks from the 7 million square foot UCity Square mix-use development, the $3.5 billion Schuylkill Yards Development and the forthcoming Platinum Corridor with 3.0 University Place. This will help for Philadelphia to cement its future as the national leader in the life sciences industries. Don't miss out on this fantastic income generating opportunity! Or live in one unit and rent the other to assist with your mortgage! This property is being sold "As is, Where is".

Listing Courtesy of Common Ground Realtors

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Listing Courtesy of Common Ground Realtors

Common Ground Realtors

Listing Courtesy of Common Ground Realtors
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