$380,000 Price Analysis 2365-71 Orthodox StPhiladelphia, PA 19137 Unknown bed 0 bath unknown SqFt ($0/SqFt) 8,000SqFt lot. Listed 2024-03-19 | Ⓧ USDA Ineligible due to property near Philadelphia |
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 a nd 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 additinal 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 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 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.
Presented by Christopher Somers at
KW Empower.
Property MLS #PAPH2332180 from BrightMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.