Philadelphia, PA 19132,1511 W ALLEGHENY AVE
Philadelphia, PA 19132,1511 W ALLEGHENY AVE
Philadelphia, PA 19132,1511 W ALLEGHENY AVE
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$165,000

$199,000

17.1%
Est.Price: ?

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Est. payment /mo

5,624 Sqft Lot


SOLD DATE : 06/20/2024

Key Details

Sold Price $165,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAPH2163100

Sold Date 06/20/24

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $342

Tax Year 2023

Lot Size 5,624 Sqft

Acres 0.13

Lot Dimensions 54.00 x 105.00

Property Description

This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RSA3

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 112001350

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Richard K Cassell • KW Empower
Bought with Leighanne Tancredi • United Real Estate
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1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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