Listed By:
RE/MAX @ HOME
Address
1514-18 N American Street, Philadelphia, PA
Price
$ 1,600,000
Property Attributes
  • MLS#PAPH2214256
  • TypeLand
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19122
  • NeighborhoodOlde Kensington
  • Zip19122
  • StyleVacant
  • Taxes$ 1240
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description

Fantastic development potential in the rapidly growing Olde Kensington neighborhood. New construction is underway, with the foundation already in place. Don't let this chance pass you by! Approved Zoning Plans to Build 9 Unit & 2 Houses. This property is approved to build 9 Units: 8 residential units and 1 first floor commercial space. Residential Units are (1) 2 Bedroom & 2 Bathroom, (6) 1 Bedroom & 1 Bathroom and (1) Studio. Lot Dimensions are 53.00 x 60.00& 3,180 SQ FT. In addition, there are another set of approved plans to build 2 houses adjacent to the two parcels on N Bodine St which are approved to build 2 New Construction Homes: 3 Bedrooms & 2 1/2 Bathrooms, Finished Basement & Roof Deck. Lot dimensions for each house are 16.00 x 60.00 | 960 SQ FT. Just moments from the Frankford Ave corridor, Front Street Caf, La Colombe Coffee, El Bar, Suraya and the Girard Ave corridor. Very close to Original 13 Ciderworks, El Greco Pizza, Punch Buggy, Hancock Playground, New Liberty Distellery, Que Chula Es Puebla, Germantown Pizzeria.

Price History
12/1/2023 Listed $1,600,000

General Features

Sewer No Sewer System
Possession Negotiable
Zoning RES & MULTI
Property SubType Land
Tax Year 2023
Current Use Vacant
Percent Ownership Fee Simple
Additional Parcels Description 1516 N American St,1518 N American St,1513 N Bodine and 1515 N Bodine St
County PHILADELPHIA
Property Type Land
HOA / Comm Assn No
Subdivision Name OLDE KENSINGTON
Possible Use Apartment Building,Apartments,Residential,Retail,Restaurant,Other
Water Access Y/N No
Transportation Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile,Airport less than 10 miles
Status ACTIVE
Directions Between W Oxford St & Jefferson St along N American St
ModificationTimestamp 2023-12-01T16:48:42
City PHILADELPHIA
Buyer Agent Compensation 2.5
MLS Area 19122 (19122)
Lot Size Square Feet 5040.00
Tax Assessed Value 88600.0
Waterfront Y/N No
Street Name AMERICAN
Tax Annual Amount 1240.0
Condo/Coop Association Y/N No
Clean Green Assessed Y/N No
Price Per Sq Ft 317.46
Acceptable Financing Cash
Additional Parcels Y/N No
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 314
Location Type Urban
Standard Status Active
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Street Suffix STREET

Exterior Features

Lot Features Additional Lot(s)
Water Source None
Water View Y/N No
Lot Dimensions 85.00 x 60.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Estimated
Horse Y/N No
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

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 19122

Price
AVG $300K
$1.6M
Taxes
AVG $1,140
$1,240
Visits
AVG 187
385
Data Provided by Inside Real Estate®
Walkscore
AVG 76
94
Data Provided by Walkscore® not using MLS data

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