PA > Philadelphia
Philadelphia, PA 19140,3428 N 18TH ST
Philadelphia, PA 19140,3428 N 18TH ST
Philadelphia, PA 19140,3428 N 18TH ST
5
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Listed by Ryan J McManus • Keller Williams Liberty Place
$1,075,000
Est. payment /mo
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2,321 Sqft Lot
Active

3428 N 18TH ST Philadelphia, PA 19140

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2539364

HOA Y/N N

Annual Tax Amount $576

Tax Year 2025

Lot Size 2,321 Sqft

Acres 0.05

Lot Dimensions 16.00 x 148.00

Property Sub-Type Land

Source BRIGHT

Property Description

43-unit multifamily development site in Philadelphia, Pennsylvania — a Top-10 USA MSA. The proposed apartment building features 12 studios, 24 1-bed, and 7 2-bed apartments. Additionally, building features include a co-working lounge, bike storage, rooftop terrace, large lobby, elevator and parking lot (18 spaces). The structure will encompass 4-storeys with 35,761 SF on the substantial 19,881 SF parcel. Located near Temple University Health Sciences Center (strong employment base of highly-skilled, educated workers) in an area starved for multifamily housing. 10-year tax abatement eligible. Enquire within for PPP (plans, pro forma, permits). Short-term income is in-place via storage on-site.

Approx. $65K in annual income in-place via storage units ensures short-term cash flow while planning for future development.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Exterior

Water Access N

View City

Garage N

Building

Lot Description Flag

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 112255500

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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