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Key Details
Sold Price $675,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Olde Kensington
MLS Listing ID PAPH851682
Sold Date 12/23/19
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,253
Tax Year 2020
Lot Size 2,513 Sqft
Acres 0.06
Lot Dimensions 25.00 x 100.50
Property Description
The possibilities are endless! Condo conversion or multi-unit buy and hold or buy and renovate and sell! Lot is being offered as a package for $625K with the parcel next door, 1318 N. Franklin St.( MLS # PAPH851654). Both are zoned RM1 for multi-family dwelling and occupy huge 25 x 100 lots street to street. Build up to 6 units by right on each parcel (incumbent on buyer to confirm zoning and usage). This is one of the hottest and fastest appreciating neighborhoods in the city, right next to all the great restaurants and bars in Northern Liberties and Fishtown, and a super easy commute into Center city or to Temple University. The home at 1316 has many beautiful original details and is a solid brick structure with good bones and high ceilings in need of a full renovation. Buy both and renovate one and build the other from the ground up or tear down the structure and start from scratch with a 50 by 100 lot. Property will be sold as-is. Seller prefers to sell as a package. Cash buyers only.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Exterior
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 141071810
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Keith P Adams • Compass RE