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Buy a propertyat 221-29 S EDGEWOOD STREET, PHILADELPHIA, PA 19139

$750,000

$0/mo

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Multifamily

4,080 Sq. Ft.

3,920 Sq. Ft. lot

296 Days on market

PAPH2251192 MLS ID

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About 221-29 S EDGEWOOD STREET property

Introducing a prime development parcel in the vibrant Cobbs Creek neighborhood of West Philadelphia. This 5-lot parcel is conveniently zoned RM1, presenting an opportunity to construct a large scale apartment complex or multi-family homes. With new construction projects right around the corner, this location promises to be a hotspot for growth and investment. Situated just minutes away from Drexel University and the University of Pennsylvania, this parcel sits a desirable proximity to academic and employment opportunities. Moreover, convenient access to public transportation makes commuting a breeze, enhancing the appeal for potential tenants or residents. To further sweeten the deal, ask about seller financing options at below-market interest rates! Don't miss your chance to be a part of the Cobbs Creek transformation. Act now and unlock the potential of this exceptional development parcel.
Introducing a prime development parcel in the vibrant Cobbs Creek neighborhood of West Philadelphia. This 5-lot parcel is conveniently zoned RM1, presenting an opportunity to construct a large scale apartment complex or multi-family homes. With new construction projects right around the corner, this location promises to be a hotspot for growth and investment. Situated just minutes away from Drexel University and the University of Pennsylvania, this parcel sits a desirable proximity to academic and employment opportunities. Moreover, convenient access to public transportation makes commuting a breeze, enhancing the appeal for potential tenants or residents. To further sweeten the deal, ask about seller financing options at below-market interest rates! Don't miss your chance to be a part of the Cobbs Creek transformation. Act now and unlock the potential of this exceptional development parcel.

Property details

Property Access

Road Responsibility: City/County

Paved

Basement

Full

House

4,080 sqft living area

Built in 1925

3 units in building

2 levels in building

Masonry

Cooling

None

None

Foundation

Brick/Mortar

Heating

Natural Gas

Hot Water

Listing

First day on market

$184 per sqft

Location

Municipality: PHILADELPHIA

County: Philadelphia

Location Type: Urban

MLS Area: 19139 (19139)

Lot

3,780 sqft

Lot Size Dimensions: 60.00 x 63.00

0.09 acres

Additional Lot(s)

Property

Other Structures: Above Grade,Below Grade

Other Units: Unit 1,Unit 2

1 single-room unit

2 two-bedroom units

Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Elementary School: ANDREW HAMILTON

High School: WILLIAM SAYER

Sewer

Public Sewer

Taxes

City/Town Tax: $809

City/Town Tax Pymnt Freq: Annually

County Tax Pymnt Freq: Annually

School Tax: $983

Tax Annual Amount: $1,793

Tax Year: 2022

Utilities

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$5,292/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$705,000

+$22,500

$727,500

Seller agent commission$22,500 (3%)*

$0 (0%)

Buyer agent commission$22,500 (3%)*

$22,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $22,500 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

  • Real Estate for Sale in Pennsylvania

Counties

Cities

Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Jul 9, 2023 at 2:04 p.m.

Courtesy of Monazel Abdulelah, Keller Williams Philly
This content last updated on 07/09/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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