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$1,200,000

20% Min Down
Land
Listed Apr 16th, 2021
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Common Charges
$0
Property Taxes
$319
Mortgage
$4,446
Total Monthly Payment
$4,765
Est. Rental Income
$1,900
Cap Rate
1.58%
HopScore Analysis
HopScore Market Price:
$1,212,000
Difference from Asking Price:
$12,000
Closest Comparable:
None Found
Description
Qualified Opportunity Zone multifamily development opportunity with zoning permit approved for 17 apartments plus commercial space and amenities in the booming North Broad/Temple University submarket of Philadelphia, Pennsylvania. The 18,400 SF boutique building will feature amenities such as elevator, 530 SF top floor communal lounge and a rooftop terrace with sweeping views of the city. Equidistant to two subway stations on Septa Broad Street Subway. Located in the heart of main campus at Temple University with an iconic North Broad address that is instantly recognizable to future tenants. Enquire within for unit breakdown, pro forma, plans, permit. Secure this site now and apply for the full 10 year tax abatement which is being reduced at the start of 2022. Act now to maximize full future value and build in a highly desirable section of Philly with strong rental demand.
Features & Amenities
Listed By
Ryan McManus
(267) 838-5265
Compass
Price History
Date Event Price Source
2021-04-16 Listed $1,200,000 Listing Records
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Nearby Schools

(within attendance boundary)
Hartranft John F Sch  •  0.63 mi
720 W Cumberland St, Philadelphia, PA 19133
Public  •  Elementary  •  Grades KG to 8
Philadelphia City School District
Conwell Russell MS  •  2.25 mi
1849 E Clearfield St, Philadelphia, PA 19134
Public  •  Middle School  •  Grades 5 to 8
Philadelphia City School District
2118-2160 N 13th Street, Philadelphia, PA 19122
Public  •  High School  •  Grades 9 to 12
Philadelphia City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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