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 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 yu 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 and 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 finalize the construction drawings and hit the ground running.

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on 2365-71 Orthodox St
in Philadelphia, PA
Presented by Christopher Somers at
KW Empower.


Property MLS #PAPH2332180 from BrightMLS

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+ Land Info

Lot Size Acres: 0.1836547
Lot Size Square Feet: 7999

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

School District: PHILADELPHIA CITY
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Harding Warren G Middle School is a public middle school located approximately 0.5 miles away.
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Sullivan James J School is a public elementary school located approximately 0.9 miles away.
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Frankford High School is a public high school located approximately 1.2 miles away.
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Pope John Paul Ii Regional Catholic School is a private elementary and middle school located approximately 0.4 miles away.
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+ Other Property Info

Annual Tax Amount: 1612.0
Source Listing Status: Active
County: PHILADELPHIA
Current Use: Vacant
Ownership: Fee Simple
Source Property Type: Land
Area: PHILADELPHIA
Source Neighborhood: BRIDESBURG
Subdivision: BRIDESBURG
Township: PHILADELPHIA
Property Subtype: Land
Source System Name: C2C
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Price Changed 2024-06-09
$380,000
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Price Changed 2024-03-28
$400,000
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Listed 2024-03-19
$415,000
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Listing removed 2023-12-10
$0
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Price Changed 2023-10-29
$475,000
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Price Changed 2023-05-10
$499,900
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Price Changed 2023-04-12
$524,900
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Price Changed 2023-02-28
$545,000
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Price Changed 2022-08-18
$549,900
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Price Changed 2022-05-29
$574,900
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Listed 2022-03-02
$599,900
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Listing removed 2021-12-13
$0
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Price Changed 2021-11-15
$619,900
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Price Changed 2021-09-24
$625,000
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Price Changed 2021-06-29
$649,900
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Price Changed 2021-05-29
$699,900
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Listed 2021-03-16
$749,900
BrightMLS