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- LoopNet Team
846 E Woodlawn St
Philadelphia, PA 19138
ZONING APPROVED DEVELOPMENT SITE · Land For Sale · 0.23 AC
Investment Highlights
- Shovel-ready Land
- Booming Neighborhood
- Prime Development Site
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.23 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
Description
Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 23-unit elevator building with basement laundry + storage, ground floor retail, common green roof terrace and individual unit balconies. The 3-storey building provides economical construction costs. 10 year tax abatement provides low carrying costs and future sales upside. This NW Philadelphia area is poised for rent growth and asset appreciation. Investment activity is soaring to new heights in Germantown.
PROPERTY TAXES
| Parcel Number | 885124120 | Improvements Assessment | $460,000 |
| Land Assessment | $150,000 | Total Assessment | $150,000 |
PROPERTY TAXES
zoning
| Zoning Code | CMX2 (Approved zoning for 23 apartments + 1 bi-level commercial storefront) |
| CMX2 (Approved zoning for 23 apartments + 1 bi-level commercial storefront) |
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