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2214 N 4th St - 2214-22 N 4th St

0.16 Acres of Residential Land Offered at £869,011 in Philadelphia, PA 19133

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Investment Highlights

Shovel Ready!
15 Car Parking!

Zoning Approved!
Four Blocks from Train Station!

Executive Summary

36 units zoning approved and to be sold shovel ready with permits and full plans. Environmental phase 1 complete and clean. No need for further testing or environmental studies. Great opportunity to build in a growing area with no extra leg work to get zoning variances or approvals. 15 car parking spots. No underpinning and minimal excavation required for ease of cost to build (basement is for mechanicals only in the front of the building and the rest is slab on grade). QOZ- Qualified opportunity zone building, the right buyer can be eligible for tax benefits. Adjacent lots available for sale to use as space for dumpsters, machinery, or building materials located at 2204/ 2220 N. Leithgow. Seller will have all Architectural, Engineering, and MEP drawings done and will pull permits once an LOI is signed and agreed on.

2214-22 N 4th St RCO

Property Facts

Price	£869,011	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
Sale Conditions	1031 Exchange Development Sale	Total Lot Size	0.16 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£869,011
Sale Type	Investment
Sale Conditions	1031 Exchange Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.16 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£869,011	Lot Size	0.17 AC
Price Per AC	£5,266,733

Price	£869,011
Price Per AC	£5,266,733
Lot Size	0.17 AC

36 units zoning approved and to be sold shovel ready with permits and full plans

Description

36 units zoning approved and to be sold shovel ready with permits and full plans. Great opportunity to build in a growing area with no extra leg work to get zoning variances or approvals. 15 car parking spots. No underpinning and minimal excavation required for ease of cost to build (basement is for mechanicals only in the front of the building and the rest is slab on grade). QOZ- Qualified opportunity zone building, the right buyer can be eligible for tax benefits. Adjacent lots available for sale to use as space for dumpsters, machinery, or building materials located at 2204/ 2220 N. Leithgow. Seller will have all Architectural, Engineering, and MEP drawings done and will pull permits once an LOI is signed and agreed on.

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Transit Score ®

Excellent Transit (78)

Bike Score ®

Very Bikeable (71)

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PROPERTY TAXES

Parcel Number	885222520	Improvements Assessment	£0
Land Assessment	£54,274	Total Assessment	£54,274

PROPERTY TAXES

Parcel Number

885222520

Land Assessment

£54,274

Improvements Assessment

£0

Total Assessment

£54,274

zoning

Zoning Code	RSA-5 (Zoning variance approved by ZBA for 36 apartment units with slab on grade parking and minimal basement with ZERO underpinning needed.)
RSA-5 (Zoning variance approved by ZBA for 36 apartment units with slab on grade parking and minimal basement with ZERO underpinning needed.)

Listing ID: 31416412
Date on Market: 04/04/2024
Last Updated:
Address: 2214 N 4th St, Philadelphia, PA 19133

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2214 N 4th St, Philadelphia, PA for sale Primary Photo- Image 1 of 7 — Screenshot 2024-03-28 at 2.21.08 PM (1)

2214 N 4th St, Philadelphia, PA for sale Building Photo- Image 2 of 7 — Screenshot 2024-03-28 at 2.20.46 PM (1)

2214 N 4th St, Philadelphia, PA for sale Building Photo- Image 3 of 7 — Screenshot 2024-03-28 at 2.20.37 PM (1)

2214 N 4th St, Philadelphia, PA for sale Plat Map- Image 4 of 7 — Plat Map

2214 N 4th St, Philadelphia, PA for sale Building Photo- Image 5 of 7 — Screenshot 2024-03-28 at 2.20.00 PM (1)

2214 N 4th St, Philadelphia, PA for sale Building Photo- Image 6 of 7 — Screenshot 2024-03-28 at 2.20.53 PM (1)

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