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Listing Details

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Description

This Lot is a future 6-unit apartment building at 3845 N Broad St and is the southernmost (right in the picture above) of three adjacent buildings planned for the block. The building will be fully permitted mid-July of 2021 and ready to break ground any day now .It will consist of 6- 2 Bedroom/ 1 Bathroom Units with Cellar with storage lockers and Laundry room potential.3845 N Broad St is currently a 2,560 sf vacant lot (16+GG x 160+GG) in the RM-1 zoning district. Zoning permits for use as a 6-unit apartment building were issued 3/1/2021. The building consists of 5,054 sf of wood framed new construction, with an additional 1,016 sf of cellar area to be finished with locked tenant storage areas. The six apartment units are as consistent in plan as possible to increase efficiency of construction and to satisfy our target market by providing market rate 2-bedroom units with convenient access to the Broad Street Line for approximately $1,500 in rent PER UNIT. $9,000 A MONTH.We accomplish this by creating a front structure and a rear structure that each consist of three identical stacked units serviced by a shared central stair. The individual units include generous bedrooms, full-sized bathrooms, and living areas with efficient full kitchens. Architect is ready to finish the project with the new buyer like he is doing for the two others being built in the two adjacent lots to the north of this one.Here is your opportunity for a Shovel Ready Apartment Building on North Broad Street that is on a 160 foot deep lot with Permits, Architectural Drawings and Architect already set up for you. Get One of these 3 New - 6 Unit Apartment Buildings While You Can!QOZ fund eligible and 10-year tax abatement as wellLocated two blocks north of the Erie Station on the Broad Street Line, the project is well served by Philadelphia+GGs most efficient public transportation. Temple Medical and Temple Hospital are both a short walk down Broad St.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. 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. Data last updated: 2021-09-19T07:52:23.44.
www.searchmontgomerybuckshomes.com/homes/119425883
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3845 N Broad Street PHILADELPHIA, PA 19140

  • Price: $249,000
  • Status: Active
  • Updated: 5 min ago
  • ID#: PAPH2011454
0
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
19140 (19140)
County:
Philadelphia
Area:
19140 (19140)
School District:
The School District Of Philadelphia
Property Description
This Lot is a future 6-unit apartment building at 3845 N Broad St and is the southernmost (right in the picture above) of three adjacent buildings planned for the block. The building will be fully permitted mid-July of 2021 and ready to break ground any day now .It will consist of 6- 2 Bedroom/ 1 Bathroom Units with Cellar with storage lockers and Laundry room potential.3845 N Broad St is currently a 2,560 sf vacant lot (16+GG x 160+GG) in the RM-1 zoning district. Zoning permits for use as a 6-unit apartment building were issued 3/1/2021. The building consists of 5,054 sf of wood framed new construction, with an additional 1,016 sf of cellar area to be finished with locked tenant storage areas. The six apartment units are as consistent in plan as possible to increase efficiency of construction and to satisfy our target market by providing market rate 2-bedroom units with convenient access to the Broad Street Line for approximately $1,500 in rent PER UNIT. $9,000 A MONTH.We accomplish this by creating a front structure and a rear structure that each consist of three identical stacked units serviced by a shared central stair. The individual units include generous bedrooms, full-sized bathrooms, and living areas with efficient full kitchens. Architect is ready to finish the project with the new buyer like he is doing for the two others being built in the two adjacent lots to the north of this one.Here is your opportunity for a Shovel Ready Apartment Building on North Broad Street that is on a 160 foot deep lot with Permits, Architectural Drawings and Architect already set up for you. Get One of these 3 New - 6 Unit Apartment Buildings While You Can!QOZ fund eligible and 10-year tax abatement as wellLocated two blocks north of the Erie Station on the Broad Street Line, the project is well served by Philadelphia+GGs most efficient public transportation. Temple Medical and Temple Hospital are both a short walk down Broad St.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2021 Association YN No Central Air YN No Construction Completed YN No Cross Street W. Butler St Current Use Vacant Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 800866432262 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 290.00 Tax Assessment Amount 20700.00 Tax Lot 217 Transportation Metro/Subway Station Less Than 1 MileBus Stop Less Than 1 MileCommuter Rail Station 1 To 5 Miles Vacation Rental YN No Water Source Public Hook-Up Available Zoning Rm1

Listing courtesy of Coldwell Banker Hearthside Realtors.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. 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. Data last updated: 2021-09-19T07:52:23.44.
 
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eXp Realty, LLC
1848 N Hancock Street Fl #C
Philadelphia PA, 19122