$750,000
Sold
Sq.Ft | 0 Bed | 0 Bath

649-51 n 35th st philadelphia pa 19104

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Overview

**OPPORTUNITY ZONE ALERT** This is an 11-UNIT SHOVEL READY project with APPROVED BUILDING PERMITS and 10-YEAR TAX ABATEMENT located in RED HOT Powelton Village AND in a Federally Approved Qualified Opportunity Zone (QOZ). Opportunity Zone Property allow investors to defer and/or exempt themselves from capital gains taxes! Buy this land today and you can start building tomorrow! All of the heavy lifting has been completed for you to build this beautifully laid out apartment building. Seller will transfer the approved plans, engineering reports, and all permits upon the sale of this property. This approved multifamily project is very efficiently designed with a unit mix of 2,3 and 4 bedrooms. It is a total of 31 bedrooms and 31 baths. This development site sits just across the Schuylkill River from the largest Whole Foods in Philadelphia and is a short distance from 30th Street Station with direct access to all Regional Train Lines making getting in and out of the city a breeze. This site is also conveniently located directly off of I-76 East & West allowing easy access into Center City or to the Main Line. This is an extremely walkable location with a walk score of 85! A very short walk away from popular restaurants such as Sabrina's Cafe, Zavino's, Shake Shack and many more! This location provides tremendous access to acclaimed cultural institutions like the Philadelphia Art Museum, The Barnes Museum, and The Rodin Museum. Future views from the communal roof deck of this property will provide completely unobstructed views of the Philadelphia skyline. There are several world renowned hospitals and research institutions in the area (Childrens Hospital, Perelman Center, etc). Plenty of parks and trails nearby including Schuylkill Trail, Kelly Drive, Drexel Park, Bird Lake Picnic Area and Lee Park. Just a few blocks away from the University of Penn, Drexel University, the University of the Sciences, and the Philadelphia Zoo. DONT MISS OUT ON THIS 1 of a kind OPPORTUNITY ZONE INVESTMENT. Attached photos are of a comparable product.

Quick Facts

County
PHILADELPHIA
Type
Land
Parking
-
Year Built
-
Lot
5035Sqft
Heating
-
Cooling
-
Price/Sq.ft
168.82
Basement

Taxes and Assessment

Tax Annual Amount:
$606
Tax Year:
2020
Country Tax:
-
Tax Assessment Amount:
$43,319
Assessment Year:
2020
Zoning:
RM1
Land Use Code:
W58
Section:
-

Listing Provided By

Agent Name:
Kevin C Murphy
Phone:
6106582920
Office:
Main Line Executive Realty
Source:
BRIGHT
Days On Market:
47
Sold Date:
2021-02-08
Came On Market:
2020-09-18

MLS Disclaimer: Copyright Bright MLS. All rights reserved. Information is deemed reliable but not guaranteed.

Last Property Change: 2021-02-09 12:00:00 AM
Last Property Check: 2021-09-26 02:00:00 AM
© 2020 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Federated Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Federated Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. 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. Information Deemed Reliable But Not Guaranteed.

Historical Listing

  • Sold Date: 2018-11-05

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