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4630 Umbria St
Philadelphia, PA 19127
4620-30 Umbria & 4613-17 Linney Sts. · Land For Sale
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0.19 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.19 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Proposed Use | Apartment Units - Condo | ||
| Zoning | CMX-2 - Commercial Mixed Use (Allows for Residential and Commercial) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.19 AC |
| No. Stories | 3 |
| Zoning | CMX-2 - Commercial Mixed Use (Allows for Residential and Commercial) |
DESCRIPTION
Fantastic CMX-2 DEVELOPMENT OPPORTUNITY in booming Manayunk! This price includes 4630 Umbria Street (existing structure currently operating as a bar), 4620 Umbria Street (which is presently an income producing duplex) and 4613-17 Linney Street which is a vacant lot. Multiple By Right possibilities and even more with various, easily obtained, height bonuses/variances . Best Option: Demo the two existing structures and make a $300K payment to the Philadelphia Housing Trust for height and density bonuses build 30 residential units and a commercial space by right with approximately 10+ Parking Spaces. Other options include keeping the bar and building up to 22 units. A consolidation report has been accepted by the city so that all three lots can be joined under one address, see attached. Philadelphia Liquor License is NOT included in this price but can be purchased. *Note here that neither the Seller, Listing Broker nor Listing Agent can contractually guarantee any of this so buyers are responsible for their own due diligence. Also 10 parking spaces is an estimate and not a guarantee. More information available upon request.
PROPERTY TAXES
| Parcel Number | 871402260 | Improvements Assessment | $260,160 |
| Land Assessment | $65,040 | Total Assessment | $325,200 |
PROPERTY TAXES
