Philadelphia, PA 19125,1102-4 E COLUMBIA AVE
See all 17 photos
Philadelphia, PA 19125,1102-4 E COLUMBIA AVE
Philadelphia, PA 19125,1102-4 E COLUMBIA AVE
Philadelphia, PA 19125,1102-4 E COLUMBIA AVE
Philadelphia, PA 19125,1102-4 E COLUMBIA AVE

$785,000

Est. payment /mo

$849,900

7.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1102-4 E COLUMBIA AVE Philadelphia, PA 19125

8,400 SqFt

SOLD DATE : 09/04/2019

Key Details

Sold Price $785,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 8,400 sqft

Price per Sqft $93

MLS Listing ID PAPH803614

Year Built 1909

Annual Tax Amount $8,875

Tax Year 2020

Lot Size 4,391 Sqft

Property Description

ATTENTION DEVELOPERS! - 1102-1104 Colombia Ave - This planned 8 unit development site will contain 19 Beds and 18.5 baths consisting of a 4BD 4BA 2251 sq ft penthouse with a 435 sq ft roof deck, two 1657 sq ft 3BD 3BA units one with a massive 647 sq ft roof deck, a 3BD 2BA (1427 sq ft), a 2BD 2.5BA (1330 sq ft w 647 sq ft roof deck) , two 2BD 2BA residential units(1069 & 1114 sq ft), and one 2018 sq ft bi-level commercial space. Eight units total. The property is a designed with great outdoor space for most of the residential tenants and added basement space for the commercial tenant. This is a "shovel ready project by right" plans and building permits are in hand, you can begin construction on the site the day after settlement. This project was designed for maximum efficiency by an over qualified development team. 8400 sq. ft. 2 stry light industrial building currently occupies site which could be reused if developer wishes to go with different concept through additional variances. Construction costs will be more than manageable, no over engineering here. This project also falls within one of Philadelphia's qualified opportunity zones, the incentives for which are worth contacting your accountant on, along with this added benefit, the property also will have a ten year tax abatement. This one of the hottest blocks in Fishtown with new developments in all directions, all of which has been completed or started within the last 2 years. Do not miss the perfect opportunity to buy in on what will be a great investment for years to come.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Jonathan M Tori • Addison Real Estate Company Inc
Bought with Non Member • Non Subscribing Office

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.