1602 N 3RD Street

    Philadelphia, PA 19122
    • $229,900
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: 7187111
    Price Reduced
    UPDATED: 39 min ago
    $229,900
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Keller Williams Philly.

    Description

    **CALLING ALL INVESTORS** Shovel ready project with construction documents AND zoning permits and recent lot consolidation in place to build this 3-unit building with off-street Electric Vehicle Parking, rear yard, trash/bicycle area. Property was originally two lots each with its own 2 bay garage structure and was zoned RSA5. Lots have since been consolidated and rezoned to build a single structure with 3 units and separate off-street parking driveway with trash/bike storage area. Full construction documents have been completed by Philadelphia based architectural firm, geotechnical report available and included in listing docs. Full construction documents include engineer approved plumbing, electrical, and structural sets. Skip the year of due diligence going through zoning variances and get started in this bustling area where development is happening on every block. Opportunities for this type of project in this area are limited. Location benefits include proximity to Girard Ave, Crane Arts building, NextFab, The Schmidt's Commons, blocks from the EL, Reanimator Coffee, Federal Distilling, WM Mulherins, St. Benjamin Brewing Co., HELM BYOB and dozens of other Frankford Ave restaurants and shops. Transit-oriented development with quick bus and EL access to center city but plenty of street parking available as well. 1 block off of American street which has recently received a multimillion dollar TIGER grant to make the street more pedestrian friendly as well as address many rainwater initiatives The 3 units are: #1: 2 bed, 2 bath bi-level w/ rear yard access (1075 sqft), #2: 1 bed, 1 bath(764 sqft), #3: 1 bed, 1 bath (764 sqft). Assign parking as you see fit. The projected annual rent is 60,000 per year (buyer is responsible for own due diligence). When completed, this will project will be a money maker with great upside potential. Construction Docs available by request. Building Permit is available at L+I receipt in hand as proof of approval. New owner must resubmit at their own cost with their own builder. Information on Opportunity Zone Tax Benefits are included in documents section. Please request renderings and construction documents from listing agent.

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-20T07:55:25.27.
    www.scottkompa.com/homes/83892212

    1602 N 3RD Street Philadelphia, PA 19122

    • Price: $229,900
    • Status: Active
    • Updated: 39 min ago
    • ID#: 7187111
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    2018
    Built
    Neighborhood:
    Northern Liberties
    County:
    Philadelphia
    Area:
    19122 (19122)
    School District:
    Philadelphia
    Property Description
    **CALLING ALL INVESTORS** Shovel ready project with construction documents AND zoning permits and recent lot consolidation in place to build this 3-unit building with off-street Electric Vehicle Parking, rear yard, trash/bicycle area. Property was originally two lots each with its own 2 bay garage structure and was zoned RSA5. Lots have since been consolidated and rezoned to build a single structure with 3 units and separate off-street parking driveway with trash/bike storage area. Full construction documents have been completed by Philadelphia based architectural firm, geotechnical report available and included in listing docs. Full construction documents include engineer approved plumbing, electrical, and structural sets. Skip the year of due diligence going through zoning variances and get started in this bustling area where development is happening on every block. Opportunities for this type of project in this area are limited. Location benefits include proximity to Girard Ave, Crane Arts building, NextFab, The Schmidt's Commons, blocks from the EL, Reanimator Coffee, Federal Distilling, WM Mulherins, St. Benjamin Brewing Co., HELM BYOB and dozens of other Frankford Ave restaurants and shops. Transit-oriented development with quick bus and EL access to center city but plenty of street parking available as well. 1 block off of American street which has recently received a multimillion dollar TIGER grant to make the street more pedestrian friendly as well as address many rainwater initiatives The 3 units are: #1: 2 bed, 2 bath bi-level w/ rear yard access (1075 sqft), #2: 1 bed, 1 bath(764 sqft), #3: 1 bed, 1 bath (764 sqft). Assign parking as you see fit. The projected annual rent is 60,000 per year (buyer is responsible for own due diligence). When completed, this will project will be a money maker with great upside potential. Construction Docs available by request. Building Permit is available at L+I receipt in hand as proof of approval. New owner must resubmit at their own cost with their own builder. Information on Opportunity Zone Tax Benefits are included in documents section. Please request renderings and construction documents from listing agent.
    Exterior Features

    Design Triplex Exterior Alum/Steel SidingVinyl SidingWoodBrickStoneOther Garage No Garage Spaces No Garage Garage Type Carport Lot Dimensions 38X36 Parking One Car ParkingDriveway/Off StreetPrivate Water Front No

    Interior Features

    Basement Yes Basement Type Full Central Air Yes Cooling Central A/C Handicap None Heating Gas Hot Water Natural Gas Laundry Type Hookup Laundry RFactor Ceilings 19 RFactor Walls 38 Unit One Baths 2 Unit One Bedrooms 2 Unit One Interior Sq Ft 1075 Unit One Partial Baths 0 Unit Three Baths 1 Unit Three Bedrooms 1 Unit Three Interior Sq Ft 764 Unit Three Partial Baths 0 Unit Two Baths 1 Unit Two Bedrooms 1 Unit Two Interior Sq Ft 764 Unit Two Partial Baths 0

    Property Features

    Annual Gross Expense 0.0 Annual Gross Income 60000.0 Cross Street W Oxford St Land Use Code V10 Lot Number 266 New Construction Yes Sewer Septic Public Sewer Tax Year 2018 Total Assessment 0.0 Total Taxes 0.0 Type Singlebldg Unit One Occupied No Unit Three Occupied No Unit Two Occupied No Water Public Zoning Code Rsa5



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-20T07:55:25.27.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Keller Williams Philly.