2453 57 N Park Ave Philadelphia, PA 19132
Hartranft NeighborhoodEstimated payment $1,985/month
About This Lot
Seize this incredible investment opportunity in the rapidly growing Templetown neighborhood, just one block from Broad Street and minutes from Temple University's bustling campus. 2453-57 N Park Ave is a 4,728 sq ft vacant lot (approx. 48x99 ft) zoned CMX-2, offering a versatile canvas for commercial or mixed-use development. This prime location is ideal for residential units, retail space, industrial use, or other complementary facilities catering to the area's strong demand. For an even greater development footprint, 2453-57 N Park Ave, located directly adjacent to 2453-57, can be purchased alongside 1324 W Cumberland St, an RM-1 zoned property with 2,500+ sq ft of interior space, presenting significant potential for conversion into multiple rental units to meet the growing demand for student and professional housing. Together, these properties offer a combined lot size of over 6,700 sq ft in a high-demand rental market with rising property values. Conveniently located near Temple University Hospital, public transit (Broad Street Line & SEPTA bus routes), and local dining & amenities, this is a rare and lucrative investment opportunity. Contact us today to explore development possibilities and schedule a site visit!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,224
Lot Details
- 4,728 Sq Ft Lot
- Lot Dimensions are 48.00 x 99.00
- Property is zoned CMX2
Community Details
- No Home Owners Association
- Hartranft Subdivision
Listing and Financial Details
- Tax Lot 51
- Assessor Parcel Number 371289100
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/29/2025 01/29/25 | For Sale | $325,000 | -35.0% | -- |
02/10/2023 02/10/23 | Sold | $500,000 | -16.7% | -- |
12/26/2019 12/26/19 | Price Changed | $600,000 | +99900.0% | -- |
12/23/2019 12/23/19 | Price Changed | $600 | -99.9% | -- |
12/01/2019 12/01/19 | For Sale | $500,000 | -- | -- |
Source: Bright MLS
MLS Number: PAPH2439776

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