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    1450-56 N Peach Street

    PHILADELPHIA, PA 19131
    • $450,000
    • STATUS: Active
    • ON SITE: 155 days
    • ID#: PAPH909272
    UPDATED: 67 min ago
    $450,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Great opportunity to purchase a by right development project with multiple exit strategies. This sale includes 2 contiguous lots, with one lot having a 3,000 sq ft building. Here's a few example by right options 1. Consolidate both lots and build a 22 unit building 2. Subdivide into 5 lots and build 5 quadplexes 3. Repurpose 3,000 sq ft building up to 9 units and build new construction on 2nd lot Please do your own diligence with these options. This development opportunity is located in a Federal opportunity zone. Move quickly to take advantage of the full 10yr tax abatement.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-02T09:52:05.303.
    www.ramusrealty.com/homes/107325907
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    1450-56 N Peach Street PHILADELPHIA, PA 19131

    • Price: $450,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: PAPH909272
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1925
    Built
    Neighborhood:
    19131 (19131)
    County:
    Philadelphia
    Area:
    19131 (19131)
    School District:
    The School District Of Philadelphia
    Property Description
    Great opportunity to purchase a by right development project with multiple exit strategies. This sale includes 2 contiguous lots, with one lot having a 3,000 sq ft building. Here's a few example by right options 1. Consolidate both lots and build a 22 unit building 2. Subdivide into 5 lots and build 5 quadplexes 3. Repurpose 3,000 sq ft building up to 9 units and build new construction on 2nd lot Please do your own diligence with these options. This development opportunity is located in a Federal opportunity zone. Move quickly to take advantage of the full 10yr tax abatement.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types Other Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2610.00 Cooling None Heating None Net Square Feet 0.00

    Property Features

    Acceptable Financing CashBank PortfolioSeller FinancingPrivate Accessibility Features None Assessment Year 2020 Association YN No Business Type Other Central Air YN No Cooling Fuel None Heating Fuel None Hot Water Other Incorporated City Name Philadelphia Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 304186327099 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 2431.00 Tax Assessment Amount 173700.00 Tax Lot 145 Vacation Rental YN No Water Source Public Hook-Up Available Zoning Rm1

    Listing courtesy of Simple Choice Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-02T09:52:05.303.
     
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    Ramus Realty Group
    2880 Pottsville Minersville Highway, Suite 144
    Pottsville PA, 17954