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1132 Mount Vernon St , Philadelphia, PA 19123
$635,000
Est. Payment: $3,430.38/mo
3 Bed
3 Bath
2496 Sqft
0.03 Acres
Status: active | Days on site: 57
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KWEMPWR - 3140589,3164347
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House Description

Welcome to 1132 Mount Vernon Street, a well-positioned triplex in one of Philadelphia’s most overlooked growth pockets. Located in Spring Arts/West Poplar, between the already established neighborhoods of Northern Liberties and Fairmount, this area continues to benefit from significant residential development, adaptive reuse projects and new dining and entertainment along the North Broad and Spring Garden corridors. For an investor, the numbers are compelling: $59,976 in gross annual income, with units renting for approximately $1,650 per month on average, plus additional income from the basement coin-operated washer and dryer, which generated $389 last year. Each unit is separately metered, helping simplify ownership and operating expenses, and the building features central air. Recent lead compliance work has also been completed, with approximately four years remaining before renewal, per seller. One unit is currently vacant, creating an especially attractive opportunity for an owner-occupant looking to offset their monthly housing costs with rental income from the other two apartments, while still offering a straightforward path for an investor seeking a fully income-producing three-unit property. Unit 2R also benefits from a brand-new private patio, adding valuable outdoor space for future tenants. The location is increasingly difficult to overlook. Just around the corner are neighborhood favorites including Cafe Lift, Prohibition Taproom, La Chinesca and acclaimed Italian destination Osteria. Live entertainment is close by at Union Transfer and The Met Philadelphia, while The Rail Park provides one of the neighborhood's signature outdoor attractions. The Spring Garden Broad Street Line station also puts Center City only minutes away. 1132 Mount Vernon offers the combination investors are increasingly searching for: established rental income, separate utilities, central air, additional laundry income, an owner-occupant option and a location positioned directly in the path of continued investment.

Highlights

Listed by Jason Wittenstein , 6313270615 and Ryan Stawasz , 2157606291 KW Empower , 2156273500. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

1915

County

Philadelphia

Area

19123 (19123)

Neighborhood

Spring Arts

School District

Philadelphia City

Listing ID

PAPH2665470

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2496
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16X80
Zoning:RSA5
Roof:Flat
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,430
Taxes
$677

Home Price

$635,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$127,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,430.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,430.38 $676.92 $0.00 $4,107.30
Yearly $41,164.56 $8,123.00 $0.00 $49,287.56
Total $1,234,936.77 $243,690.00 $0.00 $1,478,626.77
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS