101 W Mount Pleasant Ave, Philadelphia, PA 19119

$2,500,000

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List Price
$2,500,000
Days on Market
52
Status
ACTIVE
MLS#
PAPH2634430
Lot Size (Acres)
0.49
Year Built
1905
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Prime Investment & Development Opportunity in West Mt. Airy! Attention investors and developers—don't miss this exceptional opportunity to acquire a rare corner property spanning over 20,000 square feet in the highly desirable Mt. Airy neighborhood. Featuring By-Right zoning for detached and semi-detached single-family residences, along with additional permitted uses such as group living facilities, personal care homes, hospitals, and assisted living residences, this property presents outstanding development potential. The site is anchored by an impressive 9,500 sq. ft. stone building, a well-known local landmark that includes a spacious sanctuary with seating for approximately 300 people, a fully functioning daycare center serving more than 130 participants, and valuable updates including a newer roof, an approved sprinkler system, and a heater installed in 2013. Also included is a detached three-story, 4,000 sq. ft. residence featuring five bedrooms, two bathrooms, generous natural light, and ample living space. Additional amenities include a six-car parking lot, a two-car garage, and full basements in both buildings. Ideally situated just steps from the 73 bus route, grocery stores, restaurants, and coffee shops, this property offers exceptional visibility, convenience, and redevelopment possibilities. Whether your vision includes a residential subdivision, income-producing investment, or adaptive reuse of the existing structures, this versatile property offers endless opportunities. Contact us today to learn more about this remarkable investment opportunity.

Additional Information

Area
19119 (19119)
Subdivision
Mt Airy
Taxes
$1683
School District
The School District Of Philadelphia
View
Street
Heating
Hot Water
Heating Fuel
Oil
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC. Contact: 8773662213