2037 Mount Vernon St
$1,299,000
2037 Mount Vernon St, Philadelphia, PA 19130
For Sale
Multifamily
Active
Last Updated: 07/01/2025
8.59
Cap Rate
96,192
NOI
Details:
Cap Rate: 8.59%
NOI: $96,192
Building Size: 3,285 sqft
Year Built: 1920
Price Per Sqft: $395.43
Zoning: RM1
Highlights:
- Days on Market: 72
- Heating: Forced Air
Description:
Incredible investment opportunity on one of the most desirable tree-lined blocks in the heart of the Art Museum area. This fully occupied multi-family property features six one-bedroom apartments, generating a strong monthly income of $9,295. Unit 1R enjoys exclusive access to a spacious private backyard, offering added appeal for tenants. The building includes a large unfinished basement perfect for storage and is fully separately metered, providing added convenience for both owner and tenants. A rare find in a high-demand rental location—perfect for investors looking to expand their portfolio. This opportunity won't last.
Location
Gallery
