Address
2365-71 Orthodox Street, Philadelphia, PA
Price
$ 380,000
Property Attributes
- MLS#PAPH2332180
- TypeLand
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19137
- NeighborhoodBridesburg
- Zip19137
- StyleVacant
- Taxes$ 1612
- Price$ 380,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.18 Acres
Data Source:
Bright MLS
Property Description
DEVELOPMENT OPPORTUNITY with ZONING PERMIT APPROVED for 18 residential units plus commercial ground floor new construction building in Bridesburg. You can also build 4 Quadplex buildings by right. This is an 8,000 SF corner lot zoned CMX2 that includes zoning plans and permits, PWD green roof/ERSA approval, lot consolidation, Geotech report, Phase 1 environmental report, lab tested soil samples, and floorplans. The building is designed as a by-right project for 18 residential units and ground floor commercial. The ground floor commercial space can accommodate multiple commercial spaces or can be used as parking with an existing curb cut on Orthodox Street or an additional 6 residential units if you choose to file for a zoning variance during construction totaling 24 residential units. A new construction 4 unit residential building and a renovated 4 unit residential building are located directly across the street. On a bus route, one block from Aramingo Ave, and 3 blocks from the I-95 on ramp this is a very convenient location in an area that is increasing in value. Each unit is designed with a private balcony/deck as well as elevator with access to the common green roof deck. The ground level has a nice lobby with mailroom, bike room, and the basement is a blank canvas if you want to add additional residential units or use for storage or separate commercial rental options. The 2nd through 4th floors consist of the 18 comfortably sized residential units (12 2bd/2ba units & 6 1bd/1ba units). With prices soaring in Port Richmond, this is the next area to take off with new residential development. Get in now to take advantage of the 10 year tax abatement. All of the heavy lifting has been completed so just finalize the construction drawings and hit the ground running.
| Price History | |
|---|---|
| 3/19/2024 | Listed $415,000 |
| 3/28/2024 | 4% - $400,000 |
| 6/9/2024 | 5% - $380,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Possession | Settlement |
| Zoning | CMX2 |
| Property SubType | Land |
| Tax Year | 2023 |
| Current Use | Vacant |
| Percent Ownership | Fee Simple |
| County | PHILADELPHIA |
| Property Type | Land |
| HOA / Comm Assn | No |
| Subdivision Name | BRIDESBURG |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | From Aramingo Ave,turn onto Tacony St. Turn left onto Orthodox St and the property will be on your left. |
| ModificationTimestamp | 2024-06-09T15:43:52 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| MLS Area | 19137 (19137) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8000.00 |
| Tax Assessed Value | 115200.0 |
| Waterfront Y/N | No |
| Street Name | ORTHODOX |
| Tax Annual Amount | 1612.0 |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft Total AG | 47.5 |
| Additional Parcels Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 83 |
| Standard Status | Active |
| Tax Lot | 116 |
| Buyer Agent Compensation Type | % Of Gross |
Exterior Features
| Water Source | Public |
|---|---|
| Land Use Code | RB |
| Water View Y/N | No |
| Lot Dimensions | 80 X 100 |
| Street Suffix | STREET |
| Lot Size Acres | 0.18 |
| Lot Size Source | Assessor |
| 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 19137
Price
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