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MLS® ID: PAPH824250

2416-18 CLIFFORD STREET

PHILADELPHIA, Pennsylvania, 19121

$349,999 Active
  • - SQFT
Two contiguous shovel ready multifamily development parcels located just above the surging submarket of Brewerytown in Philadelphia, Pennsylvania. These parcels will be delivered fully entitled to build 2 triplexes totaling 6800 SF. Unit 1 2bd x 2ba; Unit 2 3bd x 3ba; Unit 3 1bd x 1ba; Unit 4 1bd x 1ba; Unit 5 3bd x 3ba. Unit 6 3bd x 3ba. Common roof deck and backyard. Pro forma gross annual income: $136,800. Pro forma gross annual expenses: $22,198. Pro forma NOI (Net Operating Income): $107,762.Located in Philly's Qualified Opportunity Zone. Property will qualify for Philadelphias 10 Year Tax Abatement. Centrally located with easy access to Art Museum Area + cultural district, Fairmount, Francisville, TempleU and Center City.
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Listing courtesy of Compass Pennsylvania, LLC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19121
  • Office name
    Compass Pennsylvania, LLC
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Land
  • Zoning type
    RM1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    0
  • Lot size
    0.03
  • Sewer
    Public Septic,Public Sewer
  • Agent name
    Ryan J McManus
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    COMPASS1
  • Agent ID
    3197472

Location

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