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Map
$199,000
↓ $100K (33.4%)
●
Land -
For Sale
1511 W ALLEGHENY AVE
PHILADELPHIA, PA 19132
Studio
0 Bath
$978
Estimated Monthly
$0
HOA / Fees
About This Property
This is a fantastic opportunity for QOZ funds to invest in a high
potential development project in a rapidly growing area of North
Philly. The ability to build a 6 story building with 20 units,
including 4 car parking on the first floor, makes this a highly
attractive opportunity for investors. Additionally, the location is
just one block away from the Broad Street Line, making it easily
accessible for tenants. The demand for 1 bedroom units in this area
is high, particularly among medical and dental students, ensuring a
strong rental market. With development occurring in the surrounding
blocks, this property is poised for success. Investing in this
Qualified Opportunity Zone Fund could yield significant returns for
investors.
Unit Size
-
Days on Market
585 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (Bright MLS #PAPH2163100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2023 | Price Decreased |
$199,000
↓ $100K
(33.4%)
|
|
| Price Decreased | |||
| Mar 22, 2023 | Price Decreased |
$299,000
↓ $101K
(25.3%)
|
|
| Price Decreased | |||
| Jan 24, 2023 | Price Decreased |
$400,000
↓ $100K
(20%)
|
|
| Price Decreased | |||
| Dec 23, 2022 | Relisted | $500,000 | |
| Relisted | |||
| Nov 4, 2022 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Exterior Details
Property Information
Ownership Interest: Fee Simple
Lot Information
Tidal Water: N
Lot Size Dimensions: 54.00 x 105.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $24,500
Financial Details
City Town Tax: $154
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $24,500
Tax Year: 2023
Tax Annual Amount: $342
Year Assessed: 2023
Utilities Details
Sewer Septic: Public Sewer
Water Source: Public
1511 W ALLEGHENY AVE
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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
7
Beds
3
Baths
-
$286,000
Nov 29, 2022
$286,000
Jan 25, 2023
-
Townhouse
5
Beds
2
Baths
-
$253,500
Dec 25, 2020
$253,500
Mar 16, 2021
-
About North Philadelphia
Similar Homes for Sale
Nearby Rentals
$800 /mo
- Studio
- 1 Bath
- 400 ft²
$875 /mo
- 1 Bed
- 1 Bath
- 500 ft²
Listed by: Richard Cassell
KW Empower
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# PAPH2163100
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
KW Empower
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# PAPH2163100
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
