See Home Value
Philadelphia 19125 Kensington
1901 E CUMBERLAND STREET
$874,651*
Land - Off Market

1901 E CUMBERLAND STREET

PHILADELPHIA, PA 19125
bedrooms
Studio
bathrooms
0 Bath
$536,000 - $654,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

For sale is a unique and rarely offered opportunity in one of the city's hottest areas...East Kensington! This corner lot is now zoned CMX2 and is shovel ready for a 2 level commercial space with 2 tri-level apartments/condos above with individual roof decks. The seller is willing to sell the plans for the price listed above, and allow you to complete the construction (seller has architect, builder, zoning attorney, and liquor attorney already in place and familiar with the project if buyer would like to work with them). Or, the seller is willing to build the structure and sell the completed project for a different price (inquire with listing agent for details). The seller has already presented to the East Kensington Neighbors Association and gained their support of the project. This area is a hotbed for residential development where it's difficult to walk more than a block without seeing new construction. This is a great opportunity for a savvy investor/buyer to rent all 3 units (Airbnb is also an option), condo out the residential units and sell them off, or operate the commercial space and live in a unit above. Lots of potential here! Please don't hesitate with any questions/inquiries.
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$157
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 14, 2024 No longer available -
No longer available
Sep 29, 2023 Price Decreased $409,900
↓ $30K (6.8%)
Price Decreased
Sep 28, 2022 No longer available -
No longer available
Aug 11, 2022 Price Decreased $439,900
↓ $5K (1.1%)
Price Decreased
Jul 29, 2022 Price Decreased $444,900
↓ $5K (1.1%)
Price Decreased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$460,000 Apr 19, 2017
$460,000 Nov 30, 2017
-
Land
Loft
-
-
$650,000 Jun 24, 2016
$650,000 Jan 31, 2017
-
House
Stu
-
-
$485,000 Mar 8, 2021
$485,000 Mar 7, 2021
-
Townhouse
3 Beds
3 Baths
-
$575,000 Mar 7, 2022
$575,000 May 23, 2022
-
Townhouse
3 Beds
3 Baths
1,883 ft²
$300/ft²
$565,000 Mar 3, 2023
$565,000 May 1, 2023
$50/mo
Townhouse
3 Beds
3 Baths
2,242 ft²
$259/ft²
$580,000 Jan 30, 2023
$580,000 Jun 6, 2023
-
Land
Loft
-
-
$525,000 Jun 27, 2023
-
-
Land
Loft
-
-
$499,900 Jun 17, 2021
-
-
Commercial
Loft
-
-
$550,000 Oct 26, 2023
-
$925/mo
House
1 Bed
1 Bath
2,160 ft²
$229/ft²
$495,000 Nov 27, 2023
-
-
House
3 Beds
4 Baths
2,400 ft²
$250/ft²
$599,000 Sep 20, 2023
-
-
Townhouse
3 Beds
4 Baths
2,206 ft²
$277/ft²
$610,000 Jan 3, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220121
01/21/2022
Loft
-
-
$425,000
bedrooms
Loft
bathrooms
-
-
-
-
Jack Kanagie
RE/MAX One Realty
20200818
08/18/2020
Loft
-
-
$425,000
bedrooms
Loft
bathrooms
-
-
-
-
Nigel Richards
Compass Pennsylvania, LLC
20200128
01/28/2020
Studio
-
-
$549,900
bedrooms
Studio
bathrooms
-
-
-
-
-
20190619
06/19/2019
Studio
-
3400 ft²
$595,000
bedrooms
Studio
bathrooms
-
square feet
3400 ft²
-
-
-
-

Building Info

1901 East Cumberland Street 1901 East Cumberland Street, Philadelphia, PA 19125
  • 1 Unit for Sale
More about this Building
1901 East Cumberland Street
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About North Philadelphia


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