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842 Hoffman Place

PHILADELPHIA, PA 19123
  • $899,990
  • STATUS: Active
  • ON SITE: 175 Days
  • ID#: PAPH2084462
$899,990
  • 2
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,224
    SQFT
  • $735
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1960
County:

School Ratings & Info

Description

This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.

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©2022 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 Blackwell Real Estate. 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: 2022-08-13T12:01:15.033.
www.bremove.com/homes/125965928
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842 Hoffman Place PHILADELPHIA, PA 19123

  • Price: $899,990
  • Status: Active
  • On Site: 175 Days
  • ID#: PAPH2084462
2
Beds
2
Baths
0
½ Baths
0.03
Acres
1,224
SQFT
$735
$/SQFT
1960
Built
Neighborhood:
Northern Liberties
County:
Philadelphia
Area:
19123 (19123)
School District:
The School District Of Philadelphia
Property Description
This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types Driveway Pool No Pool Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1224 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Flooring Hardwood Heating Forced Air Heating YN Yes Levels 2 Upper Level1 Bedrooms 2

Property Features

Accessibility Features Doors - Swing In Assessment Year 2022 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Federal Flood Zone YN No Foundation Details Concrete Perimeter Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801344159840 Ownership Interest Fee Simple Pets Allowed YN No Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Septic Structure Design Type End Of Row/Townhouse Tax Annual Amount 1532.00 Tax Assessment Amount 109500.00 Tax Lot 235 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Ergo Real Estate Company.


©2022 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 Blackwell Real Estate. 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: 2022-08-13T12:01:15.033.
 
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