School District: The School District Of Philadelphia
Address: 1601 MOUNT VERNON ST
Neighborhood: Art Museum (spring
Rare opportunity to renovate a historic building on a corner lot into a state-of-the-art property, currently zoned for up to 5 units. 11' ceilings on the 1st & 2nd floors and a very large rear patio. 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 cornerstone property with up to 5-units. This property would also make a spectacular single family home. 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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Courtesy of: Compass Pennsylvania, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 31st July, 2021 12:52 PM
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