$1,600,000
 $8,589 est/mo Sourced by Back At You

1514-18 N American St , Philadelphia, PA 19122

Philadelphia, PA 19122

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Description

Seize the chance to invest in the rapidly growing Olde Kensington neighborhood, where new construction is already underway. This property comes with approved zoning plans for an ambitious development project. The plans include building 9 units with a mix of residential and commercial spaces: 8 residential units (1 two-bedroom, two-bathroom; 6 one-bedroom, one-bathroom; and 1 studio) plus 1 commercial space on the ground floor. The lot dimensions are 53 x 60 feet, totaling 3,180 square feet. Additionally, there are approved plans for two new construction homes on adjacent parcels on N Bodine St. Each home will feature 3 bedrooms, 2.5 bathrooms, a finished basement, and a roof deck. Lot dimensions for each house are 16 x 60 feet, with a total of 960 square feet per lot. This location is ideally situated near the Frankford Ave corridor, with easy access to popular spots like Front Street Café, La Colombe Coffee, El Bar, and Suraya. It’s also close to Original 13 Ciderworks, El Greco Pizza, Punch Buggy, Hancock Playground, New Liberty Distillery, Que Chula Es Puebla, and Germantown Pizzeria. Don’t miss this outstanding opportunity to be part of Olde Kensington’s exciting growth!

Details

MLS#PAPH2214256
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site570
Listing Provided ByRE/MAX @ HOME | Maria Maria Quattrone Quattrone

Features

ZoningRES & MULTI
Acreage0.12

Market Activity 19122

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19122
Area19122
Community NameOlde Kensington
School DistrictThe School District Of Philadelp
Listing VS Median (in Olde Kensington)
Price:
$1,600,000
low | high
Med:
$214,950
100% of Average
On Site:
570
low | high
Med:
3861.000000
14.763014763015% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 9:38:06 PM PDT