Check Availability
$400,000
Multifamily - For Sale

4434 LUDLOW ST

PHILADELPHIA, PA 19104
bedrooms
Studio
bathrooms
0 Bath
$1,965
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to an exceptional development opportunity in the heart of West Philadelphia's Spruce Hill neighborhood, where 4434 Ludlow Street is awaiting transformation into a modern masterpiece. Developers take note of this unique chance to purchase this property, 2 blocks from the Market-Frankford rail station as a location that paves the way for your vision. Situated at 4434 Ludlow Street, this is perfectly positioned within walking distance of the dynamic University City, ensuring a constant influx of potential tenants from the nearby universities. The lot comes with favorable RM-1 zoning, making it an ideal investment for developers seeking to capitalize on the high demand for housing in this coveted area. CAN BE PURCHASED with the adjoining property at 4432 Ludlow! There is already a fitness center on the block, two grocery stores with organic produce within blocks, and more amenities being added to the immediate area on an ongoing basis. This property promises substantial long-term returns, thanks to the ever-increasing property values in the highly desirable Spruce Hill neighborhood. As you embark on this exciting project, consider exploring nearby new construction for inspiration, ensuring your vision aligns perfectly with the aspirations of this thriving community. Spruce Hill and University City offer a unique blend of urban convenience and community charm: The property is within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, guaranteeing a constant pool of potential renters. Explore a diverse array of restaurants, cafes, and cultural hotspots. From global cuisine to independent theaters and music venues, there's always something to enjoy. The 46th and Market transit station provides convenient public transportation to Center City and beyond, as well as multiple nearby bus lines. This is an unrivaled opportunity for developers looking to leave their mark on this vibrant community and seize a prime slice of West Philadelphia's real estate market. Don't miss your chance to be part of the growth and excitement of Spruce Hill and University City. Contact us today to schedule a viewing and start turning your development dreams into reality!
Unit Size
-
Days on Market
194 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$406
HOA Dues
-
Year Built
1925
Last updated: 4 months ago (Bright MLS #PAPH2292190)

Price History

Date / Event Date Event Price
Oct 27, 2023 Listed by Compass RE $400,000
Listed by Compass RE

Property Highlights

Parking Details
Parking Features: On Street
Interior Details

Interior Information

Living Area Square Feet Source: Assessor

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
3,924 ft²
$100/ft²
$394,000 May 31, 2023
$394,000 Sep 29, 2023
-
House
4 Beds
4 Baths
1,731 ft²
$220/ft²
$380,000 Aug 14, 2020
$380,000 Oct 1, 2020
-
House
2 Beds
2 Baths
1,145 ft²
$341/ft²
$389,900 Apr 17, 2017
$389,900 Aug 4, 2017
$309/mo
Townhouse
3 Beds
2 Baths
1,365 ft²
$282/ft²
$385,000 Aug 25, 2023
$385,000 Nov 15, 2023
-
Condo
2 Beds
2 Baths
-
$379,900 Feb 11, 2019
$379,900 Mar 8, 2019
-
Townhouse
4 Beds
4 Baths
1,650 ft²
$230/ft²
$380,000 Mar 15, 2021
$380,000 Apr 29, 2021
-
Multifamily
Stu
-
-
$400,000 Oct 27, 2023
-
-
Multifamily
Stu
-
-
$384,400 Sep 26, 2023
-
-
Multifamily
Stu
-
-
$419,900 Nov 1, 2023
-
-
Townhouse
Stu
-
-
$399,000 Jul 28, 2023
-
-
Townhouse
Stu
-
-
$450,000 Jul 4, 2023
-
-
Townhouse
Stu
-
-
$459,000 Oct 11, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191114
11/14/2019
3 Bed
2 Bath
1336 ft²
$349,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1336 ft²
-
-
-
-

Building Info

4434 Ludlow Street 4434 Ludlow Street, Philadelphia, PA 19104
  • 1 Unit for Sale
More about this Building
4434 Ludlow Street
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About West Philadelphia


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