649 N 35Th Street 51

Philadelphia, PA
$ 850,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

**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.

Pending

  • Price
  • $ 850,000
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 606
  • County
  • PHILADELPHIA
  • Style
  • Land/Lot Only
  • Area
  • 19104
  • MLS#
  • PAPH936858
  • Zip
  • 19104
Listing Provided by: Main Line Executive Realty

Features

General

Acceptable Financing Cash, Conventional
Additional Parcels Y/N No
Association Y/N No
County PHILADELPHIA
Current Use Land/Lot Only
Days on Market 47
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19104 (19104)
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 168.82
Property SubType Land
Property Type Land
Real Estate Owned Y/N No
Sewer Public Sewer, Public Hook/Up Avail
Subdivision Name UNIVERSITY CITY
Tax Annual Amount 606.0
Tax Lot 293
Tax Year 2020
Utilities Water Available, Sewer Available, Other
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1
Zoning Description Zoned for 11 apartments building permits in hand

Exterior Features

Lot Dimensions 53.00 x 95.00
Lot Features Other
Lot Size Acres 0.12
Lot Size Source Estimated
Lot Size Square Feet 5035.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public Hook-up Available
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Hillsborough, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/19/2020 Listed $895,000
10/9/2020 6% - $850,000

Property vs Zip Code Average in 19104

Price
AVG $390K
$850K
Taxes
AVG $2,159
$606
Visits
AVG 36
35
Walkscore
AVG 85
78
Data Provided by Walkscore ® not using MLS data

Map

649 N 35Th Street 51 Philadelphia, PA is a Single Family Home for sale at $850000 and a lot size of 5,227 SqFt Acre(s). 649 N 35Th Street 51 Philadelphia has 0 bedrooms, 0 baths . The property's zip code is 19104 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.