• 248 N Lawrence Street PHILADELPHIA, PA 19106

  • $595,000
  • 1,531
    Sq Ft
  • 1531
    Sqft

**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:** - 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.

Property Type :

Land

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Private Sewer

Lot Information

Lot Size: 1,531

Dimensions: 17.50 x 87.50

Lot Size (Acres): 0.04

Main Square Feet: 1,531

Property Information

Total Lot SQ ft: 1,531

Appx. Lot Dimensions: 17.50 x 87.50

Total Acreage: 0.04

Listing Information

Possession: Settlement

Days Of Market: 884

Tax Information

Annual Tax: $7,388

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $527,800

Homeowners Association Information

Direction: On N Lawrence St.

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Water Source: Public

Sewer: Private Sewer

Location Information

Direction: On N Lawrence St.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
604 S Washington Square.., Philadelphia, PA,19106 $335,000 1 1.0 1,003 --
3 N Columbus Boulevard .., Philadelphia, PA,19106 $349,900 2 2.0 1,300 --
513 Pine Street , Philadelphia, PA,19106 $1,499,000 6 4.0 3,194 1404 Sqft
314 N Lawrence Street , Philadelphia, PA,19106 $650,000 3 1.5 1,343 864 Sqft
241 S 6th Street #PH25.., Philadelphia, PA,19106 $2,250,000 2 2.5 -- --
50 N Front Street #102, Philadelphia, PA,19106 $250,000 1 1.0 925 --
231 Spruce Street , Philadelphia, PA,19106 $1,899,000 5 2.5 2,287 1376 Sqft
423 Pine Street #2, Philadelphia, PA,19106 $475,000 2 2.5 745 --
124 N 2nd Street #2, Philadelphia, PA,19106 $1,800,000 4 4.5 2,745 --
124 N 2nd Street #4, Philadelphia, PA,19106 $1,950,000 3 3.5 2,805 --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 02:57

MLS: PAPH2040538
LISTED BY: Richard K Cassell , KW Empower
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: If the contract price is under asking then buyer is responsible for compensation of buyer broker's commission.

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