2365-71 Orthodox Street
2365-71 Orthodox Street
$400,000
8,000 / 0.18
Description
DEVELOPMENT OPPORTUNITY with ZONING PERMIT APPROVED for 18 residential units plus commercial ground floor new construction building in Bridesburg. You can also build 4 Quadplex buildings by right. This is an 8,000 SF corner lot zoned CMX2 that includes zoning plans and permits, PWD green roof/ERSA approval, lot consolidation, Geotech report, Phase 1 environmental report, lab tested soil samples, and floorplans. The building is designed as a by-right project for 18 residential units and ground floor...DEVELOPMENT OPPORTUNITY with ZONING PERMIT APPROVED for 18 residential units plus commercial ground floor new construction building in Bridesburg. You can also build 4 Quadplex buildings by right. This is an 8,000 SF corner lot zoned CMX2 that includes zoning plans and permits, PWD green roof/ERSA approval, lot consolidation, Geotech report, Phase 1 environmental report, lab tested soil samples, and floorplans. The building is designed as a by-right project for 18 residential units and ground floor commercial. The ground floor commercial space can accommodate multiple commercial spaces or can be used as parking with an existing curb cut on Orthodox Street or an additional 6 residential units if you choose to file for a zoning variance during construction totaling 24 residential units. A new construction 4 unit residential building and a renovated 4 unit residential building are located directly across the street. On a bus route, one block from Aramingo Ave, and 3 blocks from the I-95 on ramp this is a very convenient location in an area that is increasing in value. Each unit is designed with a private balcony/deck as well as elevator with access to the common green roof deck. The ground level has a nice lobby with mailroom, bike room, and the basement is a blank canvas if you want to add additional residential units or use for storage or separate commercial rental options. The 2nd through 4th floors consist of the 18 comfortably sized residential units (12 – 2bd/2ba units & 6 – 1bd/1ba units). With prices soaring in Port Richmond, this is the next area to take off with new residential development. Get in now to take advantage of the 10 year tax abatement. All of the heavy lifting has been completed so just finalize the construction drawings and hit the ground running.
- Listed by Christopher K Somers • KW EmpowerP: 2679874443 thesomersteam@gmail.com
- Listed by Eric R Fargnoli • KW EmpowerP: 2152790226 ericfargnoli@gmail.com
Property Details for 2365-71 Orthodox Street
Tax ID Number
881000143
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
SubdivisionBRIDESBURG
SubdivisionBRIDESBURG (PHILADELPHIA PA)
Cross StreetMilnor St
Location
LISTING UPDATED: 03/28/2024 10:25 AM
Property Details for 2365-71 Orthodox Street
Status | Active |
---|---|
MLS # | PAPH2332180 |
Days on Market | 41 |
Taxes | $1,612 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.18 AC |
County | Philadelphia County |
Location
Building Information for 2365-71 Orthodox Street
Lot Size0.18 AC
Payment Calculator
$2,317 per month
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Property Information for 2365-71 Orthodox Street
Property History for 2365-71 Orthodox 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.
Schools near 2365-71 Orthodox Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sullivan James J School PublicK to 5 | ||
Harding Warren G Middle School Public6 to 8 | ||
Frankford High School Public9 to 12 | ||
Mastbaum Jules E Avts 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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