248 North Lawrence Street

Philadelphia, PA 19106

$595,000
Price
1,531 / 0.04
Lot Size / Acres

Description

Prime Opportunity in Old City - 248 N Lawrence St Attention builders and visionaries, a remarkable chance awaits at 248 N Lawrence St in Old City. With 7655 sqft of space, this building holds the potential to rise 6 stories, with one unit per floor. The rear reveals stunning panoramic views of Franklin Square, a promising canvas for premium rentals or lucrative condo sales. This property is being sold as is Seller will not agree to zoning variances. Features: This is a special delimiter sentence....Prime Opportunity in Old City - 248 N Lawrence St Attention builders and visionaries, a remarkable chance awaits at 248 N Lawrence St in Old City. With 7655 sqft of space, this building holds the potential to rise 6 stories, with one unit per floor. The rear reveals stunning panoramic views of Franklin Square, a promising canvas for premium rentals or lucrative condo sales. This property is being sold as is Seller will not agree to zoning variances. Features: This is a special delimiter sentence. This is a special delimiter sentence - 17.5x87.5 dimensions, 1487 sqft area
- CMX3 zoning, build u and allows for mid term rentals
- Adjacent to Ben Franklin Bridge approach, a strategic location
- Property backed by DRPA-owned recreational land
- Achievement of 6 stories demands a 2nd egress execution that buyer is responsible for

Unveil the possibilities of this remarkable property. Take advantage of its incredible potential and transform 248 N Lawrence St into a towering success in the heart of Old City.
  1. Listed by Richard K Cassell • KW Empower
    P: 2156076007 rcassell@kw.com

Property Details for 248 North Lawrence Street

Tax ID Number
885024800
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
Construction Completed
No

Location

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LISTING UPDATED: 03/28/2024 04:33 PM

Property Details for 248 North Lawrence Street

StatusActive Under Contract
MLS #PAPH2040538
Days on Market884
Taxes$7,388 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.04 AC
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
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Building Information for 248 North Lawrence Street

Lot Size0.04 AC

Payment Calculator

$3,863 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$616

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 248 North Lawrence Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19106 (19106)
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: $527,800
  • Year Assessed: 2023
  • City Town Tax: $3,334
  • Clean Green Assessed: No
  • Land Use Code: SC
  • Zoning: CMX3
  • Tax Lot: 229
  • School Tax: $4,054
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.50 x 87.50
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 906036
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Private Sewer
Confidential Data
Listing Office

Property History for 248 North Lawrence 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 248 North Lawrence Street

Taxable ValueLand$527,800Additions-Total$527,800
Tax Record2023$7,388 ($616 / month)
Home Facts
Lot Size1,531 SqFtStyleCommercialZoningCMX3CountyPHILADELPHIAAPN88-5-0248-00

Schools near 248 North Lawrence Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Constitution High School
Public9 to 12

Parkway-Center City
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.

Listing Courtesy of KW Empower

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.