912 East Locust Avenue

Philadelphia, PA 19138

$580,000
Last Sold Price
21,173 / 0.49
Lot Size / Acres

Description

Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 43-unit elevator building with basement laundry + storage and ground floor...Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 43-unit elevator building with basement laundry + storage and ground floor retail (2X). The 3-storey building provides economical construction costs. 10 year tax abatement provides low carrying costs and future sales upside. This NW Philadelphia area is poised for rent growth and asset appreciation. Investment activity is soaring to new heights in Germantown.

Listing Agent

  1. Ryan McManus

    Ryan McManus

    Listing Agent

    Compass

Property Details for 912 East Locust Avenue

Tax ID Number
881421630
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
City
Garage
No
Expected On Market Date
07-05-2022
Subdivision
GERMANTOWN

Location

Add your commute
LISTING UPDATED: 05/08/2023 03:50 PM

Property Details for 912 East Locust Avenue

StatusClosed
MLS #PAPH2128356
Days on Market157
Taxes$3,738 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.49 AC
CountyPhiladelphia County

Location

Add your commute

Building Information for 912 East Locust Avenue

Lot Size0.49 AC

Payment Calculator

$3,477 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 912 East Locust Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19138 (19138)
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: $267,100
  • Year Assessed: 2023
  • Improvement Assessed Value: $200,325
  • City Town Tax: $1,687
  • Clean Green Assessed: No
  • Land Use Code: CF0
  • Zoning: CMX2
  • Tax Lot: 207
  • School Tax: $2,051
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 106.00 x 200.00
  • Lot Dimensions Source: Assessor
  • Current Use: Other
  • Location Type: Urban
  • Parcel ID: 1410896
  • 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 912 East Locust Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 912 East Locust Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
King Martin Luther High School
Public9 to 12

Building 21
Public9 to 12

Parkway Northwest
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.

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.