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Listed by Jeanne M Polizzi • Coldwell Banker Realty
$1,275,000
Est. payment /mo
4,256 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Fairmount
MLS Listing ID PAPH2516278
Year Built 1920
Annual Tax Amount $13,809
Tax Year 2024
Lot Size 4,256 Sqft
Acres 0.1
Lot Dimensions 40.00 x 106.00
Property Sub-Type Other
Source BRIGHT
Property Description
THIS PROJECT IS SHOVEL READY! (Permits even pulled to start immediately!) Its a phenomenal investor opportunity! Here's your chance to BUILD 9 LUXURY 2 BED 2 BATH APARTMENTS OR CONDOS. The owners have already done extensive, years-long, legwork with the city & historical comm. to turn this into an amazing development opportunity to renovate where luxury boutique condos are selling starting around $650/SF! Luxury 2 Bed, 2 Bath, apartments are leasing beginning around close to $3,000/mo. Not interested in developing it? Turn it into your dream home. You will purchase a 40 X 106 DOUBLE LOT with existing building containing over 4,000/SF, 7 bedrooms & 4 bathrooms and a carriage house next door. Original woodwork, character and details remain throughout the home and need a little TLC & vision in order to bring them back to life. The side lot can make for unparalleled city-living & outdoor space. A carriage house sits on the back of the side lot and can be brought back to life for many different potential-uses. Located just steps away from the neighborhood's best amenities, including; A Mano, Sabrina's Cafe, Honeysuckle, Urban Farmer, Jack's Firehouse, Whole Foods & much more. Easy access to the best museums, public transportation and major roadways make this location highly desirable. Whether you are an INVESTOR, developer or a creative homeowner, don't miss this rare opportunity! PLANS & PERMITS ARE READILY AVAILABLE UPON REQUEST.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Electric
Heating Radiant
Cooling Central A/C, Ductless/Mini-Split
Flooring Hardwood, Tile/Brick
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 152060400
Ownership Fee Simple
Special Listing Condition Standard
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