2449 North 2nd Street

Philadelphia, PA 19133

$725,000
Price
4,000 / 0.09
Lot Size / Acres

Description

This is a fully-entitled boutique multifamily development site in the Kensington QOZ (Opportunity Zone) with no affordable requirement (pure market rate housing). Plans and permits are on hand to build 5 stories along the bustling Second Street corridor to create a commanding neighborhood presence. ±18,000 SF proposed multi-family with 15 residential units (700-800 avg/SF per unit) + 1 commercial space with ±1800 SF. UNITS: Ideal and efficient unit mixture and building composition. 8 Units: (2) bed...This is a fully-entitled boutique multifamily development site in the Kensington QOZ (Opportunity Zone) with no affordable requirement (pure market rate housing). Plans and permits are on hand to build 5 stories along the bustling Second Street corridor to create a commanding neighborhood presence. ±18,000 SF proposed multi-family with 15 residential units (700-800 avg/SF per unit) + 1 commercial space with ±1800 SF. UNITS: Ideal and efficient unit mixture and building composition. 8 Units: (2) bed (2) bath; 4 Units: (2) bed (1.5) bath; 3 Units: (1) bed (1) bath; 1-2 Units: Commercial Space(s). ENTITLEMENTS: The site is fully approved and can be delivered fully entitled (enquire for additional permitting costs). The Building will feature shared rooftop access via elevator which provides residents with unobstructed skyline views. Designed by reputable local architectural practice KCA. This is prime real estate in a thriving submarket in a major US MSA. Walkable to Philly’s best restaurants, cafes and bars in Fishtown along the Front Street and Frankford Avenue commercial corridors. 8-minute walk to York-Dauphin Septa train station on the Market-Frankford El (transit-oriented). Located on 2nd Street, just up the road from the heart of Northern Liberties. Enquire within for pro forma, plans, permits (PPP).

Listing Agent

  1. Ryan McManus

    Ryan McManus

    Listing Agent

    Compass

Property Details for 2449 North 2nd Street

Tax ID Number
191131000
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
City
Garage
No
Expected On Market Date
03-23-2023
Subdivision
KENSINGTON

Location

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LISTING UPDATED: 05/18/2024 08:04 AM

Property Details for 2449 North 2nd Street

StatusActive
MLS #PAPH2209706
Days on Market426
Taxes$1,822 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.09 AC
CountyPhiladelphia County

Location

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Building Information for 2449 North 2nd Street

Lot Size0.09 AC

Payment Calculator

$4,108 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$152

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2449 North 2nd Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $130,200
  • Year Assessed: 2023
  • Improvement Assessed Value: $91,200
  • City Town Tax: $822
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: CMX2.5
  • Tax Lot: 145
  • School Tax: $1,000
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 60.00 x 67.00
  • Lot Dimensions Source: Estimated
  • Current Use: Other
  • Location Type: Urban
  • Parcel ID: 988325
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 2449 North 2nd 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 2449 North 2nd Street

Taxable ValueLand$39,000Additions$91,200Total$130,200
Tax Record2023$1,823 ($152 / month)
Home Facts
Total Finished SqFt1,805 SqFtAbove Grade Finished SqFt1,805 SqFtStories3Lot Size1,005 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningCMX2.5CountyPHILADELPHIAAPN19-1-1310-00

Schools near 2449 North 2nd 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
Hunter William H School
PublicPK to 8

Kensington HS
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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2449 North 2nd Street is a 0.09 ac of land for sale in Philadelphia, PA 19133. This property was listed for sale on March 22, 2023 by Compass, it's currently listed at $725,000. It has been on the market for a total of 426 days and was last sold on September 12, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Hunter William H School, Kensington HS and Kensington Creative & Performing Arts High School. 2449 North 2nd Street is a 0-bed, 0-bath, 0.09 ac of land on a 4,000 sq. ft. / 0.09 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.

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.