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2214 N 4th St - 2214-22 N 4th St 0.16 Acres of Residential Land Offered at $650,000 in Philadelphia, PA 19133

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INVESTMENT HIGHLIGHTS

  • Shovel Ready!
  • 15 Car Parking!
  • Zoning Approved!
  • Four Blocks from Train Station!

EXECUTIVE SUMMARY

36 units zoning approved and to be sold shovel ready with permits and full plans. Environmental phase 1 complete and clean. No need for further testing or environmental studies. Great opportunity to build in a growing area with no extra leg work to get zoning variances or approvals. 15 car parking spots. No underpinning and minimal excavation required for ease of cost to build (basement is for mechanicals only in the front of the building and the rest is slab on grade). QOZ- Qualified opportunity zone building, the right buyer can be eligible for tax benefits. Adjacent lots available for sale to use as space for dumpsters, machinery, or building materials located at 2204/ 2220 N. Leithgow. Seller will have all Architectural, Engineering, and MEP drawings done and will pull permits once an LOI is signed and agreed on.

PROPERTY FACTS

Price $650,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.17 AC
Opportunity Zone Yes
Zoning RSA-5 - Zoning variance approved by ZBA for 36 apartment units with slab on grade parking and minimal basement with ZERO underpinning needed.

1 LOT AVAILABLE

Lot

Price $650,000
Price Per AC $3,939,393.94
Lot Size 0.17 AC

36 units zoning approved and to be sold shovel ready with permits and full plans

DESCRIPTION

36 units zoning approved and to be sold shovel ready with permits and full plans. Great opportunity to build in a growing area with no extra leg work to get zoning variances or approvals. 15 car parking spots. No underpinning and minimal excavation required for ease of cost to build (basement is for mechanicals only in the front of the building and the rest is slab on grade). QOZ- Qualified opportunity zone building, the right buyer can be eligible for tax benefits. Adjacent lots available for sale to use as space for dumpsters, machinery, or building materials located at 2204/ 2220 N. Leithgow. Seller will have all Architectural, Engineering, and MEP drawings done and will pull permits once an LOI is signed and agreed on.

Walk Score®
Very Walkable (76)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
885222520
Land Assessment
$68,700
Improvements Assessment
$0
Total Assessment
$68,700
  • Listing ID: 31416412

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 2214 N 4th St, Philadelphia, PA 19133

Contact the Sale Advisor

2214 N 4th St - 2214-22 N 4th St

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