$170,000
$195,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
693 Sqft Lot
SOLD DATE : 08/27/2021
Key Details
Sold Price $170,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Grays Ferry
MLS Listing ID PAPH2011752
Sold Date 08/27/21
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,902
Tax Year 2021
Lot Size 693 Sqft
Acres 0.02
Lot Dimensions 16.00 x 43.00
Property Description
PERMITS in hand, ready to build. Fantastic shovel-ready project in up-and-coming Gray’s Ferry! This unique lot is situated along Gray’s Ferry Ave – a bustling shopping corridor - and located near both University City and Center City. Approved plans for 3 units. 1st Floor & Basement is a commercial unit, with residential units on the floors above. 2nd Floor – 1 Bed/1 Bath, 3rd & 4th Floor – 3 Bed/3 Bath. Project has zoning approval and plans are in hand. Ready to apply for building permits. All paperwork will be provided to apply for tax abatement. Current tax assessment will be reduced due to the on-site billboard being removed. Don’t miss this development opportunity!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning I2
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 874539970
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Michael Scipione • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "