550 Allengrove Street

Philadelphia, PA 19120

$494,900
Price
29,902 / 0.69
Lot Size / Acres

Description

Make offer! Investment opportunity in the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic...Make offer! Investment opportunity in the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mix—you're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.
  1. Listed by Craig A. Lerch Jr. • EXP Realty, LLC
    P: 2157786805 craig@craiglerch.com

Property Details for 550 Allengrove Street

Tax ID Number
885893220
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Garage
No
Subdivision
LAWNDALE
Subdivision
LAWNDALE (PHILADELPHIA PA)

Location

Listing Courtesy of EXP Realty, LLC
Add your commute
LISTING UPDATED: 05/29/2024 09:28 AM

Property Details for 550 Allengrove Street

StatusActive
MLS #PAPH2279718
Days on Market255
Taxes$2,511 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.69 AC
CountyPhiladelphia County

Location

Listing Courtesy of EXP Realty, LLC
Add your commute

Building Information for 550 Allengrove Street

Lot Size0.69 AC

Payment Calculator

$2,910 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$209

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Allengrove Street

Location
Location
  • Transportation: Airport less than 10 miles, Metro/Subway Station 1 to 3 miles, Commuter Rail Station 1 to 5 miles
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19120 (19120)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $179,400
  • Year Assessed: 2023
  • City Town Tax: $1,133
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: SI
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: I2
  • Zoning Dscrp: I2
  • Tax Lot: 75
  • School Tax: $1,377
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Lease In Effect: No
Building Info
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 429.00 x 70.00
  • Lot Dimensions Source: Assessor
  • Current Use: Land/Lot Only
  • Parcel ID: 1418065
  • Additional Parcels: No
  • Ground Rent Exists: No
Exterior Features
Exterior Features
  • Horse: No
Utilities
Utilities
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: None
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: craiglerch.com

Property History for 550 Allengrove Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Allengrove Street

Taxable ValueLand$179,400Additions-Total$179,400
Tax Record2023$2,511 ($209 / month)
Home Facts
Lot Size29,902 SqFtStyleIndustrialZoningI2CountyPHILADELPHIAAPN88-5-8932-20

Schools near 550 Allengrove Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Conwell Russell Middle School
Public5 to 8

Fels Samuel High School
Public9 to 12

Philadelphia Learning Academy - North
Public9 to 12

Science Leadership Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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550 Allengrove Street is a 0.69 ac of land for sale in Philadelphia, PA 19120. This property was listed for sale on September 21, 2023 by EXP Realty, LLC, it's currently listed at $494,900. It has been on the market for a total of 255 days and was last sold on June 3, 2005. This listing's school district is Philadelphia City School District. Nearby schools include Conwell Russell Middle School, Fels Samuel High School and Philadelphia Learning Academy - North. 550 Allengrove Street is a 0-bed, 0-bath, 0.69 ac of land on a 29,902 sq. ft. / 0.69 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.