$ 1,600,000
1514-18 N AMERICAN ST Philadelphia, PA 19122
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,600,000
Est. payment /mo
Active
1514-18 N AMERICAN ST Philadelphia, PA 19122
5,040 Sqft Lot
UPDATED:
08/16/2024 11:02 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Olde Kensington
MLS Listing ID PAPH2214256
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,240
Tax Year 2023
Lot Size 5,040 Sqft
Acres 0.12
Lot Dimensions 85.00 x 60.00
Property Description
Seize the chance to invest in the rapidly growing Olde Kensington neighborhood, where new construction is already underway. This property comes with approved zoning plans for an ambitious development project. The plans include building 9 units with a mix of residential and commercial spaces: 8 residential units (1 two-bedroom, two-bathroom; 6 one-bedroom, one-bathroom; and 1 studio) plus 1 commercial space on the ground floor. The lot dimensions are 53 x 60 feet, totaling 3,180 square feet.
Additionally, there are approved plans for two new construction homes on adjacent parcels on N Bodine St. Each home will feature 3 bedrooms, 2.5 bathrooms, a finished basement, and a roof deck. Lot dimensions for each house are 16 x 60 feet, with a total of 960 square feet per lot.
This location is ideally situated near the Frankford Ave corridor, with easy access to popular spots like Front Street Café, La Colombe Coffee, El Bar, and Suraya. It’s also close to Original 13 Ciderworks, El Greco Pizza, Punch Buggy, Hancock Playground, New Liberty Distillery, Que Chula Es Puebla, and Germantown Pizzeria. Don’t miss this outstanding opportunity to be part of Olde Kensington’s exciting growth!
Additionally, there are approved plans for two new construction homes on adjacent parcels on N Bodine St. Each home will feature 3 bedrooms, 2.5 bathrooms, a finished basement, and a roof deck. Lot dimensions for each house are 16 x 60 feet, with a total of 960 square feet per lot.
This location is ideally situated near the Frankford Ave corridor, with easy access to popular spots like Front Street Café, La Colombe Coffee, El Bar, and Suraya. It’s also close to Original 13 Ciderworks, El Greco Pizza, Punch Buggy, Hancock Playground, New Liberty Distillery, Que Chula Es Puebla, and Germantown Pizzeria. Don’t miss this outstanding opportunity to be part of Olde Kensington’s exciting growth!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RES & MULTI
Exterior
Waterfront N
Water Access N
Garage N
Building
Lot Description Additional Lot(s)
Sewer No Sewer System
Water None
Schools
School District The School District Of Philadelphia
Others
Tax ID 885171820
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
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