122 East Cumberland Street
122 East Cumberland Street
$240,000
1,667 / 0.04
Description
Unlock the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, nestled conveniently near Frankford Avenue. Surrounded by the vibrant energy of ongoing development, now is the time to seize the opportunity and capitalize on the neighborhood's growth. With ample square footage allowing for the construction of 4 units by right, this property presents an ideal investment opportunity for developers. Additionally, there is the added benefit of potential off-street parking. Take full advantage...Unlock the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, nestled conveniently near Frankford Avenue. Surrounded by the vibrant energy of ongoing development, now is the time to seize the opportunity and capitalize on the neighborhood's growth. With ample square footage allowing for the construction of 4 units by right, this property presents an ideal investment opportunity for developers. Additionally, there is the added benefit of potential off-street parking. Take full advantage of the strategic location and proximity to Frankford Avenue, where thriving development is reshaping the landscape. The presence of brand new construction in all directions underscores the area's burgeoning appeal. Situated within a qualified federal opportunity zone (QOZ), this property offers advantageous incentives for savvy investors.
- Listed by George E Maynes • BHHS Fox & Roach-Art MuseumP: 2153173007 george.maynes@foxroach.com
Property Details for 122 East Cumberland Street
Tax ID Number
314001000
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
Construction CompletedNo
Location
LISTING UPDATED: 03/26/2024 07:26 PM
Property Details for 122 East Cumberland Street
Status | Active |
---|---|
MLS # | PAPH2335280 |
Days on Market | 36 |
Taxes | $1,287 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.04 AC |
County | Philadelphia County |
Location
Building Information for 122 East Cumberland Street
Lot Size0.04 AC
Payment Calculator
$1,417 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 122 East Cumberland Street
Property History for 122 East Cumberland Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 122 East Cumberland Street
Taxable ValueLand$92,000Additions-Total$92,000
Tax Record2023$1,288 ($107 / month)
Home Facts
Lot Size1,667 SqFtStyleCommercialZoningRM1CountyPHILADELPHIAAPN31-4-0010-00
Schools near 122 East Cumberland Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Brown Henry A School PublicPK to 8 | ||
Kensington HS Public9 to 12 | ||
Kensington Creative & Performing Arts High School Public9 to 12 | ||
Kensington Culinary Arts 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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