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- LoopNet Team
1419 W Grange Ave
Philadelphia, PA 19141
Land For Sale
·
0.63 AC
Investment Highlights
- ELIGIBLE FOR THE 10 YEAR TAX ABATEMENT
- INCREDIBLE DEVELOPMENT OPPORTUNITY
- 36 UNIT LUXURY APARTMENT BUILDING
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.63 AC |
| Zoning | CMX2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.63 AC |
| Zoning | CMX2 |
Description
Calling All Developers! Welcome to shovel ready 1419 W. Grange Avenue- this land makes 36 units and is eligIble for the ten year tax abatement! This parcel is centrally located to Einstein Medical Center, Temple University and Shriners Hospital, La Salle University, and easy access to public transportation and major highways. The shovel ready land will be a luxury 36 unit apartment building featuring 21 spacious two bedroom/two bathroom apartments and 15 spacious one bedroom/one bathroom apartments. The building comes with 47 parking spaces- of which 34 are gated garage spaces and 13 exterior parking spaces. The building also features bike storage, elevator access, private trash, and beautiful landscaping throughout the exterior. The design and layout of each unit is thoughtful, spacious, and inviting. The mix of one and two bedroom units, along with the ammenities makes this opportunity truly one of a kind. Construction documents are attached. Seller is a PA licensed broker.
Property Taxes
| Parcel Number | 881076300 | Improvements Assessment | $4,617,000 |
| Land Assessment | $513,000 | Total Assessment | $5,130,000 |
Property Taxes
