MLS® ID: 7239248

318-20 N BUDD STREET

PHILADELPHIA, Pennsylvania, 19104

$899,900 Active Under Contract
  • - SQFT
318-320 Budd Street, located in a prime location off of Powelton and Market Streets, is an excellent development opportunity in University City with new construction and developments sprouting up all over the area. Boasting a 50 foot by 112 foot lot size, this former garage is a unique opportunity. Currently a two story warehouse/ garage with massive overhead doors, the first floor consists of open space, with huge ceiling height, an abundance of internal electric, and concrete floors. The second floor would easily convert into four to six apartments. This property offers extremely close proximity to Penn and Drexel, and creates the opportunity to develop a valuable multi-unit building, duplexes or row homes for student housing and generous rental revenue! In its current condition the property does need work throughout, so please exhibit caution when showing the property and bring a flashlight. Can also buy the vacant lot at 317 N 41st! There are existing variances as offices, car repair shop, construction company & apartments. Please call Paul for more information. Check OPA for 2019 taxes due to possible citywide reassessment.
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Listing courtesy of Keller Williams Philly

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19104
  • Office name
    Keller Williams Philly
  • Subdivision
    UNIVERSITY CITY
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    RM1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1919
  • Lot size
    0.13
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Michael R McCann
  • Purchase Type
    Active
  • Price Range
    $800k-$900k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    55962
  • Agent ID
    3118193

Location

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