Address
2401-25 N 2Nd Street, Philadelphia, PA
Price
$ 4,800,000
Property Attributes
- MLS#PAPH2324218
- TypeLand
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19133
- Zip19133
- StyleVacant
- Taxes$ 8894
- Price$ 4,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.63 Acres
Data Source:
Bright MLS
Property Description
2401-25 N 2nd Street is a 27,280 square-foot SHOVEL READY development site fronting on 3 streets: 248 on N 2nd Street; 110 on W York Street and 248 on Palethorp Street. The site is fully approved for 102 Apartments, consisting of 69 units in Building A and 33 units across 11 adjoining triplexes, with 42 parking spaces. The existing structures have been demolished and the site has been cleared, allowing the buyer to put a shovel in the ground at time of closing. The approvals are now in place and therefore included in the sale of the site, Buyer will receive the following: Zoning Permit; Building Permit; Construction Documents; Full 10-Year Abatement; Qualified Opportunity Zone Advantages. The unit mix consists of 67 two-beds, 30 one-beds, 4 studios, and 1 three-bed unit. Rent roll and plans are available upon request.
| Price History | |
|---|---|
| 2/21/2024 | Listed $4,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Possession | 0-30 Days CD,31-60 Days CD,61-90 Days CD |
| Zoning | CMX2.5 |
| Property SubType | Land |
| Tax Year | 2022 |
| Current Use | Vacant |
| Percent Ownership | Fee Simple |
| County | PHILADELPHIA |
| Property Type | Land |
| HOA / Comm Assn | No |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | . |
| ModificationTimestamp | 2024-03-20T14:22:54 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2 |
| MLS Area | 19133 (19133) |
| Lot Size Square Feet | 27280.00 |
| Tax Assessed Value | 635400.0 |
| Waterfront Y/N | No |
| Street Name | 2ND |
| Tax Annual Amount | 8894.0 |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft | 175.95 |
| Additional Parcels Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 56 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % Of Base |
Interior Features
| Street Suffix | STREET |
|---|
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Inclusions | Vacant land sold with all plans,permits,and accompanying documents/drawings |
| Land Use Code | SI |
| Water View Y/N | No |
| Lot Dimensions | 248x110 |
| Lot Size Acres | 0.63 |
| Road Frontage Length | 358 |
| 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
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