1234 S 45th St Philadelphia, PA 19104
Southwest Schuylkill NeighborhoodEstimated payment $1,928/month
About This Lot
Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture.
Key Features:
Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers.
Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market.
Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development.
Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources.
Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
Listing Agent
Scope Commercial Real Estate Services, Inc. License #RS351792 Listed on: 08/22/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,078
Lot Details
- 1,552 Sq Ft Lot
- Lot Dimensions are 16.00 x 97.00
Utilities
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Squirrel Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 272148900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $2,230 | $229,900 | $45,900 | $184,000 |
2024 | $2,230 | $229,900 | $45,900 | $184,000 |
2023 | $2,230 | $159,300 | $31,860 | $127,440 |
2022 | $1,816 | $159,300 | $31,860 | $127,440 |
2021 | $1,816 | $0 | $0 | $0 |
2020 | $1,816 | $0 | $0 | $0 |
2019 | $1,582 | $0 | $0 | $0 |
2018 | $1,398 | $0 | $0 | $0 |
2017 | $1,398 | $0 | $0 | $0 |
2016 | $1,398 | $0 | $0 | $0 |
2015 | $1,339 | $0 | $0 | $0 |
2014 | -- | $99,900 | $28,608 | $71,292 |
2012 | -- | $15,680 | $3,915 | $11,765 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2023 08/22/23 | For Sale | $275,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Sheriffs Deed | $60,000 | -- | |
Interfamily Deed Transfer | -- | -- |
Source: Bright MLS
MLS Number: PAPH2270576

APN: 272148800
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