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$ 1,399,000
Est. payment /mo
Under Contract
915-17-19 S 12TH ST Philadelphia, PA 19147
1,178 Sqft Lot
UPDATED:
10/03/2024 05:03 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID PAPH2380170
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,638
Tax Year 2024
Lot Size 1,178 Sqft
Acres 0.03
Lot Dimensions 16.00 x 78.00
Property Description
Once in a lifetime opportunity to acquire three adjacent properties with RM1 zoning right in sought out Bella Vista neighborhood. Each building sits on approximately 17 X 70 lot size with commercial spaces on 1st Floor and 3 bedroom apartments above each. The commercial spaces are currently rented to food cart & food catering businesses. Current rents would most likely be deemed under market value, while there is already great potential in this scenario as is, the real value lies in removing current structures to be able to build brand new single family homes, condos or multi unit buildings by right due to the flexible RM1 zoning. Dynamite location with stone's throw to Broad & Washington Av, 10 min walk south to the charming Passyunk Av or same distance north to the heart of Center City Philadelphia. Don't miss out on this rare opportunity, inquire today !
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 884340510
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Doug Gungor • Coldwell Banker Realty