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3547 N Smedley Street

PHILADELPHIA, PA 19140
  • $55,000
  • STATUS: Active
  • ON SITE: 201 Days
  • ID#: PAPH2069716
UPDATED: 61 min ago
$55,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Seeking your next development deal? Look no further for you have landed in a booming section of North Philly where value and development are quickly rising! Recent notable sales for new construction have been 3102 & 04 N Broad side by side triplexes for nearly 700k!! Well over 200+ units are set for construction this Spring. 3030 N BROAD ST has broken ground for 30 residential units and soon to follow +-1336-24 W ALLEGHENY AVE will break ground for 70 units! Most impressively right in your backyard will have 10 triplex new construction buildings breaking ground this year!!! Literally the block between Smedley and 16th St. on the Venango will have almost a $7 million valued project being built this year! There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 16.50x69.9'. If converted to RM1 that sf would allow for a 3 story triplex. Each apartment could be 700 sf good size for a three 2 beds (ground level having full basement) earning $4650 per month for the building. This land is ideal for any investor. Inquire about other off market development deals in the area.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. 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. Data last updated: 2022-08-10T13:03:43.69.
www.locomusings.com/homes/124924525
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3547 N Smedley Street PHILADELPHIA, PA 19140

  • Price: $55,000
  • Status: Active
  • On Site: 201 Days
  • Updated: 61 min ago
  • ID#: PAPH2069716
0
Beds
0
Baths
0
½ Baths
0.03
Acres
Neighborhood:
19140 (19140)
County:
Philadelphia
Area:
19140 (19140)
School District:
The School District Of Philadelphia
Property Description
Seeking your next development deal? Look no further for you have landed in a booming section of North Philly where value and development are quickly rising! Recent notable sales for new construction have been 3102 & 04 N Broad side by side triplexes for nearly 700k!! Well over 200+ units are set for construction this Spring. 3030 N BROAD ST has broken ground for 30 residential units and soon to follow +-1336-24 W ALLEGHENY AVE will break ground for 70 units! Most impressively right in your backyard will have 10 triplex new construction buildings breaking ground this year!!! Literally the block between Smedley and 16th St. on the Venango will have almost a $7 million valued project being built this year! There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 16.50x69.9'. If converted to RM1 that sf would allow for a 3 story triplex. Each apartment could be 700 sf good size for a three 2 beds (ground level having full basement) earning $4650 per month for the building. This land is ideal for any investor. Inquire about other off market development deals in the area.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2022 Association YN No Central Air YN No Construction Completed YN No Current Use Vacant Municipality Philadelphia Navigable Water YN N Original MLSNumber 801292500846 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 106.00 Tax Assessment Amount 7600.00 Tax Lot 175 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Keller Williams Philly.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. 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. Data last updated: 2022-08-10T13:03:43.69.
 
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540 Fort Evans Road Suite 303
Leesburg VA, 20176