Property

Philadelphia, PA 19131 4916-4920 Lancaster Avenue # 4916-4920

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Presented By: Keller Williams Realty - Atlantic Shore
  • MLS# PAPH2377672
  • 07/18/2024
  • Request Tour
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  • Full/Half Baths • 4 / 2
  • SQFT • 7,052

Home Details

4916-4920 Lancaster Ave Philadelphia, Pa 19131 CMX-2 Collection: Six (6) small scale commercial and residential use condominiums, 7,502 square feet CMX-2 Lifestyle: space to work, live and entertain. OPPORTUNITY ZONE INVESTMENT UPENN CLOSING COST REDUCTION PROGRAM. Perfectly situated just 10 minutes from the University of Pennsylvania and Drexel University, 16 minutes from Amtrak 30th Street Station, and 20 minutes from Philadelphia International Airport, this opportunity offers unrivaled convenience and potential for growth. Three Versatile Storefronts, that can be transformed into various businesses such as an insurance office, law office, co-working spaces, wireless store, dine-in or take-out restaurant, or even a 1,200-square-foot event space. Imagine the possibilities and capitalize on the high-visibility location! Upon completion Three Spacious Inviting Bedroom-Apartments with a potential of strong rental income of $2,500 per storefront and $2,500 per apartment, making this a lucrative opportunity for long-term returns. Mini-Mall Potential environment where the storefronts attract diverse businesses while the apartments provide valuable residential rental income Unit 4916: Charming 2-story residential unit with two 950 sq. ft. loft apartments. Each apartment boasts beautiful 2-inch Red Oak Appalachian hardwood floors and updated bathrooms. Enjoy outdoor living with a spacious backyard on the first floor and a relaxing deck on the second floor. Unit 4918: Dynamic 2-story commercial space offers two 1,400 sq. ft. storefronts, both featuring 2-inch Red Oak Appalachian hardwood floors and accessible bathrooms. The first-floor space includes a 304 sq. ft. backyard, while the second floor features a 153 sq. ft. deck. Ideal for a variety of business ventures including offices, co-working spaces, or an event venue. Unit 4920: 2-story house with 1,908 sq. ft. of space, featuring 2 updated bathrooms and elegant 2-inch Red Oak Appalachian hardwood floors. This unit also includes a 304 sq. ft. backyard and a 153 sq. ft. deck, offering a comfortable living environment. All three units present a fantastic opportunity for customization with an outstanding investment in an Opportunity Zone, with endless possibilities for savvy investors or business owners." Sold in as is condition" Seize this chance to create a thriving mixed-use development with residential and commercial spaces. These properties have not been completely renovated and are being sold in their "AS IS" condition. Seller will not be making any repairs. *Photos are Virtually staged*
Presented By: Keller Williams Realty - Atlantic Shore

Interior Features for 4916-4920 Lancaster Avenue # 4916-4920

Bedrooms

Main Level Bedrooms0
Total Bedrooms

Bathrooms

Bathrooms Half Main Level2
Half Baths2
Total Baths6

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area7052
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Heating FuelNatural Gas Available
Hot WaterOther

General for 4916-4920 Lancaster Avenue # 4916-4920

AccessibilityOther Bath Mod
Architectural StyleOther
Bathrooms Count Main Level6.00
Bathrooms Full Main Level4
CityPHILADELPHIA
Condo/Coop Association Y/NNo
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPS
FULLFee Simple
Full Baths4
Garage Y/NNo
HOANo
HeatingNone
Levels2
Lot Size Square Feet1445.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
ModificationTimestamp2024-10-18T18:28:31
MunicipalityPHILADELPHIA
New ConstructionNo
Other StructuresAbove Grade
Possession0-30 Days CD
Price Per Sq Ft Total AG113.44
Property TypeResidential
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameNONE AVAILABLE
Tax Annual Amount1902.0
Tax Assessed Value135900.0
Tax Lot148
Tax Year2022
Total SQFT7052
Unit Number4916-4920
UtilitiesElectric Available, Natural Gas Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningCMX2

Exterior for 4916-4920 Lancaster Avenue # 4916-4920

Land Assessed Value27100.00
Land Use CodeS30
Lot Dimensions17.00 x 85.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $800,000
MLS#PAPH2377672
List Date 07/18/2024
Property Type Single Family
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