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MLS: #PAPH2634424, Listed By: Kevin McGettigan, OCF Realty LLC - Philadelphia, Source:Bright MLS

1620 Mount Vernon Street

PHILADELPHIA, PA 19130
Mark as Favorite
Bed 3

Bed

Bath 0

Bath

SqFt2,700

Sqft

Acres0.03

Acre(Lot)

Unbelievable multi-unit opportunity in Fairmount/Spring Garden! Situated on a quiet block of Mount Vernon Street, this stately property has been fully updated and reconfigured while retaining much of its original charm. From the handsome brick exterior, to the marble entry and original woodwork details throughout, this impressive property offers a rare opportunity to acquire a multi-unit property with immediate upside and multiple investment strategies. Legally zoned as a triplex, the building is currently configured as 3 rental units with 3 additional "flex spaces" on each floor, each with private access. The first floor unit is an owner-occupied, one bed, one bath featuring great light and access to a private rear yard. The 2nd floor unit is a one bed, one bath with a stunning original wood doorway, fantastic light via a multitude of windows, and a separate laundry. The 3rd floor unit is a studio with full bath, in unit laundry, and private access to a rear deck. The flex space on the first floor offers soaring ceilings and a large living area with original wood floors and marble fireplace. The flex spaces on the 2nd and 3rd floor include kitchenettes and large, full bathrooms with glass walk-in showers. The building also features a large, full-length unfinished basement with nice ceiling height and ample room for storage. This unique building has tons of potential beyond its current use. Savvy investors can easily combine the flex spaces on the 1st and 3rd floors with the respective units to increase their size while offering the space on the 2nd floor as a community room/work out space/etc, creating a valuable amenity rare in buildings of this type. Alternatively, investors could pursue zoning approval to increase the allowable unit count. Owner-occupants can offset their expenses by living in one unit and collecting rent from the others. Even homeowners seeking an opportunity to customize a historic property can fulfill that dream by reverting it back to a massive single-family home. This fantastic property is located in the vibrant, easily walkable Spring Garden/Fairmount neighborhood which features countless bars/restaurants like Osteria, Bar Hygge, and Zorbas, along with amenities like WholeFoods, Giant, Stone’s Beverage, multiple gyms (City Fitness and Planet Fitness), and green spaces like The Spring Gardens, Green Street Dog Park, and Clemente Playground. It’s also just a short walk to the Art Museum area and Fairmount Park. Easy access to the Broad Street Line’s Spring Garden Station, located a mere two blocks east, provide a direct, minutes-long subway ride straight into Center City, while nearby SEPTA bus routes, dedicated bike lanes, and proximity to the Benjamin Franklin Parkway/i76 make any commute seamless.

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Detail Ic Property Details

Property Type : Residential Income

Price : $869,000

AD Id : 84781375

MLS Id : PAPH2634424

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 2,700

Year Built : 1915

County : PHILADELPHIA

Subdivision: Fairmount

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 2700 Patio And Porch Features: Deck Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 20.00 x 70.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1400

    Property Information

    Subdivision: FAIRMOUNT Source Property Type: Residential Income Postal Code Plus 4: 3320 Property SubType: Triplex Property Age: 111

  • Listing Price Information

    Listing Price: $869000

  • Tax Information

    Parcel Number: 084077900 Tax Lot: 95 Tax Year: 2025 Annual Tax: $11548

  • Parking Information

    None

  • Location Information

    Direction: Mid block on Mount Vernon between 16th and 17th Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1437 Parrish Street, Philadelphia, PA, 19130 $899,000 5 -- 2,600 2,600 SqFt
920 N 15th Street, Philadelphia, PA, 19130 $1,250,000 7 -- 5,000 5,000 SqFt
924 N 15th Street, Philadelphia, PA, 19130 $799,900 5 -- 2,469 2,469 SqFt
1509 Spring Garden Street, Philadelphia, PA, 19130 $674,900 4 -- 2,431 2,431 SqFt
1504 Brown Street, Philadelphia, PA, 19130 $725,000 -- -- 3,080 3,080 SqFt
719 N 16th Street, Philadelphia, PA, 19130 $1,895,000 8 -- --
1540 Ridge Avenue, Philadelphia, PA, 19130 $2,600,000 8 -- 10,500 10,500 SqFt
802 N 16th Street, Philadelphia, PA, 19130 $809,900 7 -- 2,637 2,637 SqFt
1605 Ridge Avenue, Philadelphia, PA, 19130 $2,100,000 9 -- 9,000 9,000 SqFt
1631 W Girard Avenue, Philadelphia, PA, 19130 $499,900 3 -- 3,840 3,840 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/22/2026 @ 02:49

MLS: PAPH2634424 LISTED BY: Kevin McGettigan, OCF Realty LLC - Philadelphia 215-735-7368 SOURCE: Bright MLS

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