21 E MOUNT PLEASANT AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19119
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,694 sqft
Price per Sqft $241
Subdivision Mt Airy
MLS Listing ID PAPH2464714
Style Traditional
Year Built 1905
Available Date 2025-04-04
Annual Tax Amount $3,559
Tax Year 2023
Lot Size 5,781 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Incredible opportunity to own a fully occupied 4 unit building in the heart of Mt Airy's bustling business district with parking. The location is unbeatable, walk to markets, library, cafes, retail shopping, community parks and various public transportation options that give immediate access to downtown Philadelphia and New York City. This income generating property is perfect for an ambitious owner occupant or the savvy investor that has a keen eye for neighborhoods that are prime for rising equity.
Aside from its location on a beautiful block, 21 E Mount Pleasant Avenue comprises four one bedroom units with strong cash flow. The classic stone twin enjoys a Wissahickon schist facade with a quaint front porch and spacious rear garden. On the interior, each unit is in great condition featuring hardwood floors, oversized south west facing windows and fully-equipped kitchens and baths. The units are highly desirable with almost a non-existent vacancy rate. Create income traditionally or through AirBNB, the contemporary options and the long term hold strategies are both profitable. The income potential is very attractive with an immediate opportunity to increase rent roll. Northwest Philadelphia has been a best kept secret for generations but is quickly being exposed to national interest. Philadelphia's tremendous value compared to other major cities in the Northeast corridor is apparent and anew wave of residents is steadily increasing awareness on Mount Airy's potential.
Northwest Philadelphia is the crown jewel. Enveloped by the endless natural beauty of the Wissahickon Valley, paired with the walkability of the village setting and easy access to the culture of Center City, this Mt Airy investment property will surely pay dividends for years to come.
Location
State PA
County Philadelphia
Area 19119 (19119)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Exterior
Exterior Feature Porch(es)
Garage Spaces 4.0
Water Access N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing VA,Cash,Conventional,FHA
Listing Terms VA,Cash,Conventional,FHA
Special Listing Condition Standard