Address
550 Allengrove Street, Philadelphia, PA
Price
$ 494,900
Property Attributes
- MLS#PAPH2279718
- TypeLand
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19120
- NeighborhoodLawndale
- Zip19120
- StyleLand/Lot Only
- Taxes$ 2511
- Price$ 494,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.69 Acres
Data Source:
Bright MLS
Property Description
Investment opportunity in the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mixyou're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.
| Price History | |
|---|---|
| 9/21/2023 | Listed $495,000 |
| 2/6/2024 | 1% - $494,900 |
General Features
| Sewer | No Septic System |
|---|---|
| Utilities | Natural Gas Available,Sewer Available,Water Available |
| Possession | Negotiable |
| Zoning | I2 |
| Property SubType | Land |
| Tax Year | 2022 |
| Current Use | Land/Lot Only |
| Percent Ownership | Fee Simple |
| County | PHILADELPHIA |
| Property Type | Land |
| HOA / Comm Assn | No |
| Subdivision Name | LAWNDALE |
| Possible Use | Apartment Building,Apartments,Automotive,Car Wash,Commercial,Development,Flex Space,Industrial,Investment,Manufacturing,Mixed Use,Multi-Family,Residential |
| Water Access Y/N | No |
| Transportation | Airport less than 10 miles,Metro/Subway Station 1 to 3 miles,Commuter Rail Station 1 to 5 miles |
| Status | ACTIVE |
| Directions | Bingham Street south to Allengrove St turn right |
| ModificationTimestamp | 2024-04-24T10:56:11 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | I2 |
| MLS Area | 19120 (19120) |
| Lot Size Square Feet | 29902.00 |
| Tax Assessed Value | 179400.0 |
| Waterfront Y/N | No |
| Street Name | ALLENGROVE |
| Tax Annual Amount | 2511.0 |
| Condo/Coop Association Y/N | No |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft | 16.55 |
| Additional Parcels Y/N | No |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 223 |
| Standard Status | Active |
| Tax Lot | 75 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Street Suffix | STREET |
|---|
Exterior Features
| Water Source | None |
|---|---|
| Land Use Code | SI |
| Water View Y/N | No |
| Lot Dimensions | 429.00 x 70.00 |
| Lot Size Acres | 0.69 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Horse Y/N | No |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 19120
Price
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