Description
Introducing 3528 mount vernon - a prime qoz (opportunity zone) multifamily development opportunity in the university city submarket of philadelphia, pennsylvania. with 18 units (46 beds) in a proposed 19,500 sf structure, this asset will command the city’s most robust rental demand for generations to come. surrounded by the “eds and meds” economic engine that powers philly, there are billions of dollars in active stage developments nearby — including science center, schuylkill yards, amtrak’s 30th street station master plan, and campus expansion efforts from leading universities penn and drexel. the property can be positioned for student housing for the universities but it can equally accommodate young professionals, academics, post-graduates, etc. penn presbyterian, hup and chop are several of the world-class healthcare systems operating nearby. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. buyer responsible to verify taxes and entitlements in dd. lot dimensions are approximate. renderings for illustrative purposes.
Property Type
LandSubdivision
University CityCounty
PHILADELPHIAStyle
LandAD ID
46591424
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
-
Exterior Features
Utility Features
- Sewer: Public Sewer
-
Property / Lot Details
Lot Information
- Lot Size: 3,900
- Dimensions: 105.00 X 65.00
- Lot Size (Acres): 0.09
- Main Square Feet: 3,900
Property Information
- Total Lot SQ ft: 3,900
- View: City
- Subdivision: UNIVERSITY CITY
- Appx. Lot Dimensions: 105.00 X 65.00
- Total Acreage: 0.09
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Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 270
-
Taxes / Assessments
Tax Information
- Annual Tax: $0
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $0
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: BETWEEN 35H AND 36TH ON MT VERNON.
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School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location Information
- Location Type: Urban
- Direction: BETWEEN 35H AND 36TH ON MT VERNON.
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BuyOwner last updated this listing 05/13/2025 @ 14:41
- MLS: PAPH2384640
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Land, with 0 bedrooms which is for sale, it has 3,900 sqft, 3,900 sized lot, and 0 parking. are nearby neighborhoods.