649 North 35th Street

Philadelphia, PA 19104

$750,000
Last Sold Price
5,035 / 0.12
Lot Size / Acres

Description

Opportunity zone alert This is an 11-UNIT SHOVEL READY project with APPROVED BUILDING PERMITS and 10-YEAR TAX ABATEMENT located in RED HOT Powelton Village AND in a Federally Approved Qualified Opportunity Zone (QOZ). Opportunity Zone Property allow investors to defer and/or exempt themselves from capital gains taxes! Buy this land today and you can start building tomorrow! All of the heavy lifting has been completed for you to build this beautifully laid out apartment building. Seller will transfer...Opportunity zone alert This is an 11-UNIT SHOVEL READY project with APPROVED BUILDING PERMITS and 10-YEAR TAX ABATEMENT located in RED HOT Powelton Village AND in a Federally Approved Qualified Opportunity Zone (QOZ). Opportunity Zone Property allow investors to defer and/or exempt themselves from capital gains taxes! Buy this land today and you can start building tomorrow! All of the heavy lifting has been completed for you to build this beautifully laid out apartment building. Seller will transfer the approved plans, engineering reports, and all permits upon the sale of this property. This approved multifamily project is very efficiently designed with a unit mix of 2,3 and 4 bedrooms. It is a total of 31 bedrooms and 31 baths. This development site sits just across the Schuylkill River from the largest Whole Foods in Philadelphia and is a short distance from 30th Street Station with direct access to all Regional Train Lines making getting in and out of the city a breeze. This site is also conveniently located directly off of I-76 East & West allowing easy access into Center City or to the Main Line. This is an extremely walkable location with a walk score of 85! A very short walk away from popular restaurants such as Sabrina's Cafe, Zavino's, Shake Shack and many more! This location provides tremendous access to acclaimed cultural institutions like the Philadelphia Art Museum, The Barnes Museum, and The Rodin Museum. Future views from the communal roof deck of this property will provide completely unobstructed views of the Philadelphia skyline. There are several world renowned hospitals and research institutions in the area (Childrens Hospital, Perelman Center, etc). Plenty of parks and trails nearby including Schuylkill Trail, Kelly Drive, Drexel Park, Bird Lake Picnic Area and Lee Park. Just a few blocks away from the University of Penn, Drexel University, the University of the Sciences, and the Philadelphia Zoo. DONT MISS OUT ON THIS 1 of a kind OPPORTUNITY ZONE INVESTMENT. Attached photos are of a comparable product.
  1. Listed by Kevin C. Murphy • Main Line Executive Realty
    P: 6106582920 mler@comcast.net

Property Details for 649 North 35th Street

Tax ID Number
242162822
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Subdivision
UNIVERSITY CITY
Subdivision
UNIVERSITY CITY (PHILADELPHIA PA)
Cross Street
Wallace

Location

Listing Courtesy of Main Line Executive Realty

Sold By Keller Williams Philly

Add your commute
LISTING UPDATED: 10/05/2023 04:15 PM

Property Details for 649 North 35th Street

StatusClosed
MLS #PAPH936858
Days on Market47
Taxes$606 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.12 AC
CountyPhiladelphia County

Location

Listing Courtesy of Main Line Executive Realty

Sold By Keller Williams Philly

Add your commute

Building Information for 649 North 35th Street

Lot Size0.12 AC

Payment Calculator

$4,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$51

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 649 North 35th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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: 2020
  • Tax Assessed Value: $43,319
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $29,847
  • City Town Tax: $274
  • Clean Green Assessed: No
  • Land Use Code: W58
  • Zoning: RM1
  • Zoning Dscrp: Zoned for 11 apartments building permits in hand
  • Tax Lot: 293
  • School Tax: $333
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 53.00 x 95.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Other
  • Current Use: Land/Lot Only
  • Parcel ID: 1384535
  • Additional Parcels: No
Utilities
Utilities
  • Utilities: Water Available, Sewer Available, Other
  • Water Source: Public Hook-up Available
  • Sewer Septic: Public Sewer, Public Hook/Up Avail
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 649 North 35th 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 649 North 35th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,774 ($315 / month)
Home Facts
Total Finished SqFt17,331 SqFtAbove Grade Finished SqFt17,331 SqFtLot Size4,820 SqFtStyleMulti-Family Dwelling (2-4)Year Built2021ZoningRM1CountyPHILADELPHIAAPN88-1-0003-38

Schools near 649 North 35th 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
Mcmichael Morton School
PublicPK to 8

West Philadelphia High School
Public9 to 12

School Of The Future
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.

Similar Homes

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Similar Sold Homes

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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 Main Line Executive Realty

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.