$525,000
( $127.55Per Sq Foot )
 $2,818 forsale estimated payment Sourced by Back At You

2200-12 N Hope St , Philadelphia, PA 19133

Philadelphia, PA 19133

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Description

Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32’ deep structure, used as single family.Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then you’d have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then you’d be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible.Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16’ wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.

Details

MlsPAPH2385586
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1920
Days On Site121
Listing Provided ByEXP Realty, LLC | Luis Luciano

Features

Sq Feet4,116
ZoningRSA5
Acreage0.09
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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19133
Area19133
School DistrictThe School District Of Philadelp
Listing VS Median (in 19133)
Price:
$525,000
low | high
Med:
$0
On Site:
121
low | high
Med:
Sourced by Back At You
Listing Updated: October 28, 2024 at 9:18:06 PM PDT