Property Attributes
- MLS#PAPH2209706
- TypeLand
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19133
- NeighborhoodKensington
- Zip19133
- Style
- Taxes$ 1822
- Price$ 725,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description
This is a fully-entitled boutique multifamily development site in the Kensington QOZ (Opportunity Zone) with no affordable requirement (pure market rate housing). Plans and permits are on hand to build 5 stories along the bustling Second Street corridor to create a commanding neighborhood presence. 18,000 SF proposed multi-family with 15 residential units (700-800 avg/SF per unit) + 1 commercial space with 1800 SF. UNITS: Ideal and efficient unit mixture and building composition. 8 Units: (2) bed (2) bath; 4 Units: (2) bed (1.5) bath; 3 Units: (1) bed (1) bath; 1-2 Units: Commercial Space(s). ENTITLEMENTS: The site is fully approved and can be delivered fully entitled (enquire for additional permitting costs). The Building will feature shared rooftop access via elevator which provides residents with unobstructed skyline views. Designed by reputable local architectural practice KCA. This is prime real estate in a thriving submarket in a major US MSA. Walkable to Phillys best restaurants, cafes and bars in Fishtown along the Front Street and Frankford Avenue commercial corridors. 8-minute walk to York-Dauphin Septa train station on the Market-Frankford El (transit-oriented). Located on 2nd Street, just up the road from the heart of Northern Liberties. Enquire within for pro forma, plans, permits (PPP).
Price History | |
---|---|
3/4/2023 | Listed $899,999 |
5/10/2023 | 4% - $869,999 |
6/13/2023 | 3% - $849,000 |
7/13/2023 | 6% - $799,999 |
8/11/2023 | 4% - $775,000 |
9/6/2023 | 4% - $749,999 |
1/25/2024 | 4% - $725,000 |
General Features
Sewer | Public Sewer |
---|---|
Possession | Settlement |
Zoning | CMX2.5 |
View | City |
Property SubType | Land |
Tax Year | 2023 |
Current Use | Other |
Percent Ownership | Fee Simple |
County | PHILADELPHIA |
Property Type | Land |
HOA / Comm Assn | No |
Subdivision Name | KENSINGTON |
Possible Use | Apartment Building |
Water Access Y/N | No |
Status | ACTIVE |
Directions | FROM YORK-DAUPHIN STATION TRAVEL WEST TOWARDS NORTH SECOND. TURN RIGHT AT NORTH SECOND AND TRAVEL NORTH TO ARRIVE AT 2449 N 2ND. |
ModificationTimestamp | 2024-03-14T09:06:58 |
City | PHILADELPHIA |
Buyer Agent Compensation | 3 |
MLS Area | 19133 (19133) |
Lot Size Square Feet | 4000.00 |
Tax Assessed Value | 130200.0 |
Waterfront Y/N | No |
Street Name | 2ND |
Tax Annual Amount | 1822.0 |
Clean Green Assessed Y/N | No |
Price Per Sq Ft | 181.25 |
Additional Parcels Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 400 |
Location Type | Urban |
Standard Status | Active |
Tax Lot | 145 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Street Suffix | STREET |
---|
Exterior Features
Water Source | Public |
---|---|
Inclusions | PERMITS AND PLANS |
Land Use Code | U50 |
Water View Y/N | No |
Lot Dimensions | 60.00 x 67.00 |
Lot Size Acres | 0.09 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool