Philadelphia, PA 19104,4223-4225 POWELTON AVE

$375,000

$399,900

6.2%
Est.Price: ?

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Est. payment /mo

2,624 Sqft Lot


SOLD DATE : 02/03/2021

Key Details

Sold Price $375,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision West Powelton

MLS Listing ID PAPH927780

Sold Date 02/03/21

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $643

Tax Year 2020

Lot Size 2,624 Sqft

Acres 0.06

Lot Dimensions Lot width 32 x Lot depth 82 - 2624sf

Property Description

Do you have any developers or clients who are looking for an opportunity to invest in TWO large lots immediately adjacent to the Drexel Athletic Field located in West Powelton. Tremendous amount of activity in the neighborhood including an 11 unit apartment building in construction on Powelton Ave plus essential infrastructure to further biomedical research development is coming to the area through the auspices of the Barer Institute who are in the midst of working on leasing space at the office building at 3.0 University Place couple blocks away. UPA will bring in much needed lab space to Philadelphia region and will then allow for collaborative opportunities to work closely with for example the Wistar Insitute. This will invite emerging companies to the area in a dynamic scientific environment.and will respond to the needs of Phila burgeoning biotech science sectors. Within walking distance of both Penn and Drexel Universities as well as UPenn Hosp and Presby Hosp and in close proximity to all public transportation and major highways. Located in the Keystone Opportunity Zone (KOZ) and Qualified Oportunity Zone (QOZ)

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Exterior

Waterfront N

Water Access N

View City, Garden/Lawn, Pasture

Garage N

Building

Lot Description Cleared, Level, Road Frontage, Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 061021800

Ownership Fee Simple

SqFt Source Estimated

Horse Property N

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jacqui Greenberg • Coldwell Banker Welker Real Estate
Bought with Seth J Lamb • BHHS Fox & Roach Rittenhouse Office at Walnut St
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