Philadelphia, PA 19130,1508-16 CAMBRIDGE ST
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Philadelphia, PA 19130,1508-16 CAMBRIDGE ST

$1,450,000

Est. payment /mo

$1,450,000

Est.Price: ?

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1508-16 CAMBRIDGE ST Philadelphia, PA 19130

4,232 Sqft Lot

SOLD DATE : 09/20/2017

Key Details

Sold Price $1,450,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Francisville

MLS Listing ID 1000431775

Sold Date 09/20/17

HOA Fees $1/mo

HOA Y/N N

Originating Board TREND

Annual Tax Amount $6,067

Tax Year 2017

Lot Size 4,232 Sqft

Acres 0.1

Lot Dimensions 102 X 84, LotWidth:8568

Property Description

Fully Approved multifamily six lot subdivision located in one of the most rapidly growing areas in the city, (Francisville) This Planned Unit Development is shovel ready after demo to build 12 condominium units,The project comes with zoning & Building permits along with approved building plans,Six contiguous Duplex buildings. Units are 3 bedroom 3 baths the A unit is 1900 SF with rear nice size Yard, The B unit is 1800 SF with amazing unobstructed skyline views from roof deck ,See attached complete marketing package. Units this size are selling in the upper 400's, This is a great project to build and sell off units or long term rentals. PUD docs have been submitted to OPA. new addresses to be 1508,10,12,16,16A 10 year Tax Abatement's Approved. Owners have gotten verbal demo bids ranging from 50,000 to 60,000. Any questions call listing broker at 215 834 5759.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884350400

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Thomas J Love • Keller Williams Real Estate Tri-County
Bought with Thomas J Love • Keller Williams Real Estate Tri-County
agent

Talithia Morris

Agent | License ID: 0225226152

+1(703) 344-6762

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