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2123 N BROAD ST Active

Philadelphia,PA 19122

$ 999999

- Bed

- Bath

- SqFt

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2383966

HOA Y/N N

Originating Board BRIGHT

Tax Year 2024

Lot Size 3,200 Sqft

Acres 0.07

Lot Dimensions 20.00 x 160.00

Property Description

Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX25

Exterior

Waterfront N

Water Access N

View City

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 871400395

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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