NOT LISTED FOR SALE

715 W Cumberland St Philadelphia, PA 19133

Hartranft Neighborhood
0.02 Acre
-- Price per Acre
1,031 Sq Ft Lot

Last Sold November 05, 2023

Last sale price $300,000

131 Days on Market

About This Lot

As of November 2023

The Cumberland St property comprises 16 shovel- ready one-bedroom apartments, perfectly situated in
the growing Temple town neighborhood just outside Temple University’s campus. Its prime location offers
easy access to various amenities, making it an ideal residence for students, young professionals, and small families alike.

Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rental
income of $215,424, making it a highly attractive investment opportunity for potential landlords.

The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site’s easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free.

The building’s architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience.

For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.

Last Agent to Sell the Property

Eric Dvotsky

(215) 678-8895 edvotsky@gmail.com BHHS Fox & Roach-Center City Walnut License #rs332410 Listed on: 04/04/2023

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Jason Rabinovich

(412) 965-8859 jason@phillyhomeadvisors.com BHHS Fox & Roach-Center City Walnut License #AB068249

Last Buyer's Agent

Marc Silver

(267) 225-3660 silvertonehomes@gmail.com Compass RE License #RS335394

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $195

Lot Details

  • 1,031 Sq Ft Lot
  • Additional Parcels
  • Property is zoned RM1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 371383301

Property Details

Property Type

Land

Est. Annual Taxes

$195

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Vacant
  • Federal Flood Zone: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 309.41

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1031.00
  • Zoning: RM1
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 107.00
  • Tax Annual Amount: 195.00
  • Assessor Parcel Number: 371383301
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2023 11/05/23 Sold $300,000 -6.0% --
08/13/2023 08/13/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $319,000 -8.8% --
07/11/2023 07/11/23 Price Changed $349,900 -46.2% --
07/10/2023 07/10/23 Price Changed $649,900 +78.1% --
05/30/2023 05/30/23 Price Changed $365,000 -2.7% --
05/05/2023 05/05/23 Price Changed $375,000 -2.6% --
04/04/2023 04/04/23 For Sale $385,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Dvotsky

    Seller's Agent in 2023

    Eric Dvotsky

    BHHS Fox & Roach

    (215) 678-8895

    2 in this area

    175 Total Sales

    Eric Dvotsky
    Section Image
  • Jason Rabinovich

    Seller Co-Listing Agent in 2023

    Jason Rabinovich

    BHHS Fox & Roach

    (412) 965-8859

    2 in this area

    89 Total Sales

    Jason Rabinovich
    Section Image
  • Marc Silver

    Buyer's Agent in 2023

    Marc Silver

    Compass RE

    (267) 225-3660

    1 in this area

    97 Total Sales

    Marc Silver
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2220672

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19132 Hartranft

715 W Cumberland St, Philadelphia, PA

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