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Map
$240,000
●
Land -
For Sale
122 E CUMBERLAND ST
PHILADELPHIA, PA 19125
Studio
0 Bath
$1,179
Estimated Monthly
$0
HOA / Fees
About This Property
Unlock the potential of 122 E Cumberland St, a prime 18x92 corner
lot zoned RM1, nestled conveniently near Frankford Avenue.
Surrounded by the vibrant energy of ongoing development, now is the
time to seize the opportunity and capitalize on the neighborhood's
growth. With ample square footage allowing for the construction of
4 units by right, this property presents an ideal investment
opportunity for developers. Additionally, there is the added
benefit of potential off-street parking. Take full advantage of the
strategic location and proximity to Frankford Avenue, where
thriving development is reshaping the landscape. The presence of
brand new construction in all directions underscores the area's
burgeoning appeal. Situated within a qualified federal opportunity
zone (QOZ), this property offers advantageous incentives for savvy
investors.
Unit Size
-
Days on Market
36 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$107
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (Bright MLS #PAPH2335280)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 25, 2024 | Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | $240,000 | |
Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | |||
|
|||
Unlock the potential of 122 E Cumberland St, a prime 18x92 corner
lot zoned RM1, nestled conveniently near Frankford Avenue.
Surrounded by the vibrant energy of ongoing development, now is the
time to seize the opportunity and capitalize on the neighborhood's
growth. With ample square footage allowing for the construction of
4 units by right, this property presents an ideal investment
opportunity for developers. Additionally, there is the added
benefit of potential off-street parking. Take…
|
|||
Nov 14, 2023 | Listed by Keller Williams Philly | $260,000 | |
Listed by Keller Williams Philly | |||
|
|||
Discover the potential of 122 E Cumberland St, a prime 18x92 corner
lot zoned RM1, conveniently located near Frankford Avenue. With the
bustling energy of development surrounding this property, seize the
opportunity to capitalize on the neighborhood's growth. Boasting
enough square footage to permit the construction of 4 units by
right, this is an ideal investment for developers. Take advantage
of the strategic location, the proximity to Frankford Avenue, and
the thriving development in…
|
|||
Jul 1, 2023 | No longer available | - | |
No longer available | |||
Jun 17, 2023 | Price Decreased |
$245,000
↓ $5K
(2%)
|
|
Price Decreased | |||
May 16, 2023 | Price Decreased |
$250,000
↓ $10K
(3.9%)
|
|
Price Decreased |
Show More
Property Highlights
Exterior Details
Property Information
Ownership Interest: Fee Simple
Lot Information
Tidal Water: N
Lot Size Dimensions: 18.00 x 93.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $92,000
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $581
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $92,000
Tax Year: 2022
Tax Annual Amount: $1,287
Year Assessed: 2023
Utilities Details
Sewer Septic: Public Sewer
Water Source: Public
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
3
Beds
2
Baths
1,200 ft²
$208/ft²
$250,000
Feb 16, 2023
$250,000
Mar 17, 2023
-
Townhouse
3
Beds
2
Baths
1,222 ft²
$196/ft²
$239,900
Apr 5, 2017
$239,900
May 5, 2017
-
Active
Townhouse
2
Beds
2
Baths
1,170 ft²
$205/ft²
$239,900
Jan 8, 2024
-
-
Active
Townhouse
5
Beds
2
Baths
1,863 ft²
$123/ft²
$230,000
Feb 2, 2024
-
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