Description for
318 N Budd StreetPhiladelphia, PA 19104
Back on the market at a greatly reduced price! 318-20 N Budd Street is a 50 foot by 112 foot lot within a Qualified Opportunity Zone. This property has multiple strategies and can be built into an apartment building and held to take advantage of the QOZ, sold to another investor looking for the same opportunity or divided into 8 condos with parking and sold individually. Current existing structure on the property is a double wide, 2-story garage primed for development. This property's close proximity to Penn and Drexel creates a variety of possible strategies to capitalize on your investment. Zoning and plans were previously approved (now expired) to develop an 8 unit building with parking for each unit (plans available upon request). A tremendous amount of development is taking place in the area, including 3.0 University Place, Schuylkill Yards and the Science Center.
Price
$925,000
WEST POWELTON
PHILADELPHIA
9,000 (approx)
PAPH2339298
Active
Description
Back on the market at a greatly reduced price! 318-20 N Budd Street is a 50 foot by 112 foot lot within a Qualified Opportunity Zone. This property has multiple strategies and can be built into an apartment building and held to take advantage of the QOZ, sold to another investor looking for the same opportunity or divided into 8 condos with parking and sold individually. Current existing structure on the property is a double wide, 2-story garage primed for development. This property's close proximity to Penn and Drexel creates a variety of possible strategies to capitalize on your investment. Zoning and plans were previously approved (now expired) to develop an 8 unit building with parking for each unit (plans available upon request). A tremendous amount of development is taking place in the area, including 3.0 University Place, Schuylkill Yards and the Science Center.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.13 Acres
9,000 (approx)
1925
WEST POWELTON
Public
Public Sewer
1 Total
Neighborhood
Room Information
Exterior / Lot Features
50.00 x 112.00
Driving Directions
Budd Street, just north of Powelton
Financial Considerations
882008480
$6,010
Listing Price History
Philadelphia Real Estate
Philadelphia is located in Pennsylvania.
Philadelphia, Pennsylvania 19104 has a population of 1,615,184.
The median household income in Philadelphia, Pennsylvania 19104 is
$44,759.
The median household income for the surrounding county is $50,724
compared to the national median of $66,222.
The median age of people living in Philadelphia 19104 is 37 years.
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Courtesy: KW Empower
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/2/2024 6:29 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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