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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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Bought with Seth J Lamb • BHHS Fox & Roach Rittenhouse Office at Walnut St
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John Martinich
Co-Owner | License ID: VA-0225221526
Co-Owner License ID: VA-0225221526