Thank you
Richard K Cassell
KW Empower
215-627-3500
**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.
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Water Source : Public
Sewer: Private Sewer
Lot Size: 1,531
Dimensions: 17.50 x 87.50
Lot Size (Acres): 0.04
Main Square Feet: 1,531
Total Lot SQ ft: 1,531
Appx. Lot Dimensions: 17.50 x 87.50
Total Acreage: 0.04
Possession: Settlement
Days Of Market: 884
Annual Tax: $7,388
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $527,800
Direction: On N Lawrence St.
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Private Sewer
Direction: On N Lawrence St.
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 | -- |
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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.