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Land
Tools
Size
12,867 Sq Ft.
interior
Financial
$525,000
Sold 05-19-22
$41
Price Per Sqft
$1,216
Annual taxes
Listing Details
Land
Property type
6682198
Web Id
2759652-PAPH1018736
MLS ID
1246
Days Posted
Description
5500 Haverford Ave,
Philadelphia,
PA
19139
Philadelphia, PA 19139
Total of 12,867sf of land in West Philadelphia zone CA-1 / RSA5. Proposed use to Build 34 Apartment Units, no plans or permits in hand. All due diligence the responsibility of the purchaser. The prior building was damaged in a building fire and the existing structure was demolished. Assumptions -34 800sf Apartments @ $1,100 per month rents -Sub 20% Expense Ration with Philadelphia Tax Abatement -Projected NOI: $370,000 -Stabilized Value: $5,300,000 @ 7% Cap Rate
Price History
| date | price | variance | type | global |
|---|---|---|---|---|
| 5/19/2022 | $525,000 | - | Sold | view listing |
Listing By: Keller Williams Philly via Data Source: Bright MLS
listing agent: Beau McGettigan
