University City

3528 Mount Vernon Street

Philadelphia, PA 19104
MLS# PAPH2384640
$799,999
LAND
Active
DAYS ON MARKET: 269

Listing provided courtesy of: Keller Williams Liberty Place

Property 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.

  • Features:

    Corner Lot, Irregular Lot Public Sewer

{"_id":{"$oid":"6816831725f87c2309a45b3f"},"id":"B3120954","association_id":null,"cell_phone":null,"date_modified":{"$date":{"$numberLong":"1723704111000"}},"designation":null,"email":"[email protected]","first_name":"Melani","full_name":"Melani Lamond","internal_id":"3120954","languages":null,"last_name":"Lamond","last_seen_in_mls":{"$date":{"$numberLong":"1746628919000"}},"license_number":"AB048377L","middle_name":null,"mls":"bright_mls","office_id":"BCOMPASS1","phone":"2674358015","phone_ext":null,"preferred_phone":null,"slug":"melani-lamond-b3120954","slug2":"melani-lamond"}
Price: $799,999
Interior (SQFT): 3,920
Lot Size (SQFT): 3,920
Property Type: Land
Subdivision: University City

Listing provided courtesy of: Keller Williams Liberty Place. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/06/2025 04:11:00
bright_mls

University City

Pho & Ramen bliss, backpack central, cultural and innovation hub, eclectic, international energy transformative public spaces, tech and science hub, Lucy Shuttle love, lively arts destination.

Visit

Nearby Properties

665 Union
665 N Union Street
6 BEDS 0 BATH • 2,860 SQ FT
$699,000
Victory Real Estate, LLC bright_mls
610 Union
610 N Union Street
6 BEDS 0 BATH • 2,800 SQ FT
$740,000
BHHS Fox & Roach-Center City Walnut bright_mls
705 40th
705 N 40th Street
6 BEDS 0 BATH • 2,400 SQ FT
$715,000
Burke Property Group bright_mls
View All

Moving? Discover the value of your home.

Find out here