Philadelphia, PA 19139,4507 LOCUST ST
Philadelphia, PA 19139,4507 LOCUST ST
Philadelphia, PA 19139,4507 LOCUST ST
Philadelphia, PA 19139,4507 LOCUST ST
Philadelphia, PA 19139,4507 LOCUST ST
Philadelphia, PA 19139,4507 LOCUST ST
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$375,000

$395,000

5.1%
Est.Price: ?

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Est. payment /mo

2,495 Sqft Lot


SOLD DATE : 07/26/2024

Key Details

Sold Price $375,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH2287478

Sold Date 07/26/24

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $1,048

Tax Year 2022

Lot Size 2,495 Sqft

Acres 0.06

Lot Dimensions 22.00 x 113.00

Property Description

Tremendous investment opportunity in University City. Extra large vacant lot zoned CMX-2 and measuring 22 x 113. Rarely available parcel on a prime, tree-lined block filled with 3-story, porch-front, Victorian homes. CMX-2 will permit ground floor commercial space plus 5 dwelling units. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space on nearby 45th St. and Walnut St. Short walk to Market/Frankford El and of course take advantage of everything University City has to offer with regional anchors UPenn and Drexel University. Purchase with separately available parcel at 222-224 S. 45th St. and create one mega development. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885551340

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Bryan J Capone • KW Empower
Bought with Stuart Udis • PA Realty Advisors LLC
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