Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Lot Size(square feet)

    2700.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,295,000

  • Tax Amount

    $11,637

  • Zoning

    Multifamily 5 Units

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    133

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Samantha Lee Miller , Select Commercial Advisors

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Elisesha Yingling

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Select Commercial Advisors is pleased to present the opportunity to acquire 1707 Mount Vernon Street, a well-maintained, professionally-managed, income-producing 5-unit multifamily property located in the heart of the Art Museum/Fairmount district, one of Philadelphia's most desirable and established neighborhoods. Excellent for a 1031 exchange. This rare investment opportunity seamlessly blends history, charm, and value. 

The spacious, well-designed layouts with multiple private outdoor spaces and stunning original character make this property a standout choice for tenants seeking a unique and comfortable living experience. With approx. 6,768 square feet of building area, composed of 4 x two-bedroom units and 1 x one-bedroom unit, the average unit size is much larger than comparable properties in the area. Situated on a tree-lined block in a vibrant neighborhood, this property is surrounded by culture and amenities, including the Philadelphia Museum of Art, Franklin Institute, Eastern State Penitentiary, plentiful shops, cafes, restaurants, schools, parks, ample public transit such as 30th Street Station, multiple SEPTA bus routes, the Broad Street Line, and more. Gross income is $106,068 annually. Increase rents with minimal cosmetic upgrades. Don't miss the opportunity to own a piece of Philadelphia history while securing a smart investment for the future. Inquire for full offering memorandum and showings.

1707 MOUNT VERNON STREET

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Hard-to-find mixed-use investment opportunity with strong in-place income and significant value-add potential. This industrial property in Philadelphia features 5 residential units, an approximately 8,400 SF warehouse with a 12’ x 14’ roll-up door, and a secured yard with three garage buildings totaling 90 garages. The residential units and majority of the garages are currently rented, providing immediate cash flow. The warehouse is vacant, offering immediate opportunity for lease-up or repositioning. Additional upside exists through rent increases, garage optimization, and overall repositioning. The residential units require renovation and may lend themselves to alternative uses such as office or administrative space, subject to buyer’s plans and due diligence. Ideal for investors, contractors, or owner-users seeking a versatile asset with multiple income streams and strong upside.
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Exceptional opportunity to acquire a highly visible corner property in one of West Philadelphia’s most active and steadily growing corridors.

The existing building offers approximately 6,410 square feet and is currently configured as four commercial units, providing flexibility for immediate income, repositioning, or conversion. The layout also allows for potential consolidation into a larger single-user footprint if desired.

This is where the opportunity truly stands out—zoning supports increased density, and based on the size and configuration, the site offers the potential for approximately 15–20 residential units (buyer to perform their own due diligence and verify zoning/use). The property lends itself to multiple strategies, including adding residential units above the existing structure to create a mixed-use asset, or pursuing a full-scale redevelopment into a larger apartment building with ground-floor commercial.

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Stabilize, reposition, expand, or redevelop—opportunities like this are increasingly limited.
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