Views
Listed By:
Compass Pennsylvania, LLC
Address
2449 N 2Nd Street, Philadelphia, PA
Price
$ 725,000
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 386
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

Property vs Land Average in 19133

Price
AVG $150K
$730K
Taxes
AVG $555
$1,822
Visits
AVG 210
124
Data Provided by Inside Real Estate®

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