2416 Clifford Street

Philadelphia, PA 19121

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Two contiguous shovel ready multifamily development parcels located just above the surging submarket of Brewerytown in Philadelphia, Pennsylvania.
These parcels will be delivered fully entitled to build 2 triplexes totaling 6800 SF. Unit 1 2bd x 2ba; Unit 2 3bd x 3ba; Unit 3 1bd x 1ba; Unit 4 1bd x 1ba; Unit 5 3bd x 3ba. Unit 6 3bd x 3ba.
Common roof deck and backyard.
Pro forma gross annual income: $136,800.
Pro forma gross annual expenses: $22,198.
Pro forma NOI (Net Operating Income): $107,762.
Located
...Two contiguous shovel ready multifamily development parcels located just above the surging submarket of Brewerytown in Philadelphia, Pennsylvania.
These parcels will be delivered fully entitled to build 2 triplexes totaling 6800 SF. Unit 1 2bd x 2ba; Unit 2 3bd x 3ba; Unit 3 1bd x 1ba; Unit 4 1bd x 1ba; Unit 5 3bd x 3ba. Unit 6 3bd x 3ba.
Common roof deck and backyard.
Pro forma gross annual income: $136,800.
Pro forma gross annual expenses: $22,198.
Pro forma NOI (Net Operating Income): $107,762.
Located in Philly's Qualified Opportunity Zone.
Property will qualify for Philadelphia’s 10 Year Tax Abatement. Centrally located with easy access to Art Museum Area + cultural district, Fairmount, Francisville, TempleU and Center City.

Listing Agent

  1. Ryan McManus

    Ryan McManus

    Listing Agent

    Compass

Location

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LISTING UPDATED: 10/17/2019 02:37 PM

Property Details for 2416 Clifford Street

StatusWithdrawn
Days on Market-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type-
Year Built2019
Lot Size0.16 AC / 6,800 SF
CountyPhiladelphia County

Location

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Building Information for 2416 Clifford Street

Stories3Residences6Year Built2019Building Size-Lot Size0.16 AC / 6,800 SFSenior Community-Levels / Stories-Waterfront-

Payment Calculator

$2,064 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property History for 2416 Clifford 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 2416 Clifford Street

Taxable ValueLand$39,519Additions$92,281Total$131,800
Tax Record2021$1,844 ($154 / month)
Home Facts
Beds0Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtStories3Lot Size1,240 SqFtStyleTownhouseYear Built1915ZoningRM1CountyPHILADELPHIAAPN291264400

Schools near 2416 Clifford Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kelley William D School
PublicPK to 8

Carver High School
Public7 to 12

Dobbins Avt High School
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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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.

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.