3234 N 15th St
PHILADELPHIA, PA 19140

Description

Hot Area and Opportunity Zone Development! This lot is 16' wide x 110' deep. Real estate investments made by individuals through special funds in these new zones can defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. Short walk to Temple Hospital, a world-class employer. Tenants are waitlisted in nearby apartment buildings because there is such high demand for new high-quality housing in this area, with medical professionals and graduate students eager to lease market-rate apartments. Over 5500 employees looking for housing at your doorstep! Short walk to SEPTA Broad St subway with direct rail connection into Center City Philadelphia (transit-oriented development aka TOD). Temple Medical Campus Students also need housing. Rents for 2bd units in this submarket range from 1300-1500/unit. International real estate investors have millions of dollars in capital in active stage development around the North Philadelphia Amtrak Station revitalization. Also available as a package deal: 3230 N 15th Street lot 16.33X80 and 3304 N 16th Street lot 16X110. Other similar lots in the area have gotten zoning approvals for multi-unit buildings. Owners are PA Licensed Realtors.

Details

MLS#PAPH783828
Sub-TypeResale
StatusActive
Days On Site13

Features

ZoningRSA5
Acreage0.03

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19140
Area19140 (19140)
Listing VS Median (in 19140)
Price:
$64,900
low | high
Med:
$70,000
42.141756548536% of Average
On Site:
13
low | high
Med:
66
19.69696969697% of Average
Listing Updated: 04/20/2019
MLS Number: PAPH783828
Listing Provided By:
April LaCorte  of  Keller Williams Real Estate-Blue Bell