MLS® ID: PAPH869428

649 N 35TH STREET

PHILADELPHIA, Pennsylvania, 19104

$1,095,000 Active
  • - SQFT
**OPPORTUNITY ZONE ALERT** This is an 11-UNIT SHOVEL READY project with APPROVED BUILDING PERMITS and 10-YEAR TAX ABATEMENT located in RED HOT Powelton Village AND in a Federally Approved Qualified Opportunity Zone (QOZ). Opportunity Zone Property allow investors to defer and/or exempt themselves from capital gains taxes! Buy this land today and you can start building tomorrow! All of the heavy lifting has been completed for you to build this beautifully laid out apartment building. Seller will transfer the approved plans, engineering reports, and all permits upon the sale of this property. This approved multifamily project is very efficiently designed with a unit mix of x/x and x/x. This development site sits just across the Schuylkill River from the largest Whole Foods in Philadelphia and is a short distance from 30th Street Station with direct access to all Regional Train Lines making getting in and out of the city a breeze. This site is also conveniently located directly off of I-76 East & West allowing easy access into Center City or to the Main Line. This is an extremely walkable location with a walk score of 85! A very short walk away from popular restaurants such as Sabrina's Cafe, Zavino's, Shake Shack and many more! This location provides tremendous access to acclaimed cultural institutions like the Philadelphia Art Museum, The Barnes Museum, and The Rodin Museum. Future views from the communal roof deck of this property will provide completely unobstructed views of the Philadelphia skyline. There are several world renowned hospitals and research institutions in the area (Children's Hospital, Perelman Center, etc). Plenty of parks and trails nearby including Schuylkill Trail, Kelly Drive, Drexel Park, Bird Lake Picnic Area and Lee Park. Just a few blocks away from the University of Penn, Drexel University, the University of the Sciences, and the Philadelphia Zoo. DONT MISS OUT ON THIS 1 of a kind OPPORTUNITY ZONE INVESTMENT. Attached photos are of a comparable product
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Listing courtesy of JG Real Estate LLC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19104
  • Office name
    JG Real Estate LLC
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Land
  • Zoning type
    RSA3
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    0
  • Lot size
    0.18
  • Sewer
    Public Sewer
  • Agent name
    Anna Zonios Mathew
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    JGRLEST
  • Agent ID
    3238474

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