Karen Rachel Ehrlich
Philadelphia Homes
215-948-2810
3042 N LEE ST, PHILADELPHIA, PA Exciting Investment Opportunity: 3042 N Lee St, a 637 sq ft vacant lot, is now available for sale in the heart of Upper Kensington, Philadelphia, within a designated Qualified Opportunity Zone (QOZ). This compact yet strategically located parcel offers a unique chance for investors to capitalize on the tax incentives associated with Opportunity Zones. Situated in a neighborhood undergoing revitalization, this lot is perfectly positioned to contribute to the area's growth. Its modest size allows for efficient and creative development within the parameters of the Qualified Opportunity Zone program. Investors looking for a smaller-scale project to maximize tax benefits will find this lot to be an ideal fit. The Upper Kensington neighborhood, with its blend of history and evolving urban character, provides a compelling backdrop for development. The convenience of nearby amenities, nearby public transportation options, and the community's dynamic atmosphere make this lot a valuable asset for those seeking to be part of the neighborhood's transformation.
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Water Source : Public
Sewer: Public Sewer
Lot Size: 637
Lot Size (Acres): 0.01
Main Square Feet: 637
Total Lot SQ ft: 637
View: City,Street
Financing: Cash
Total Acreage: 0.01
Possession: Settlement,Immediate
Days Of Market: 1
Lease Considered: No
Annual Tax: $61
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Settlement,Immediate
Taxes Assessment Amount: $22,900
Acceptable Financing: Cash
Direction: Use GPS
High School: EDISON THOMAS
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Location Type: Urban
Direction: Use GPS
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2066 E Monmouth Street , Philadelphia, PA,19134 | $40,000 | -- | -- | 700 | 700 Sqft |
1950 Hart Lane , Philadelphia, PA,19134 | $84,000 | 4 | 1.0 | 1,260 | 957 Sqft |
1909 E Sterner Street , Philadelphia, PA,19134 | $28,250 | -- | -- | 446 | 446 Acres |
3070 Jasper Street , Philadelphia, PA,19134 | $43,500 | -- | -- | 825 | 825 Sqft |
3072 Jasper Street , Philadelphia, PA,19134 | $43,500 | -- | -- | 825 | 825 Sqft |
Land, Philadelphia, PA,19134 | $74,900 | -- | -- | 952 | 952 Sqft |
2785 Emerald Street , Philadelphia, PA,19134 | $58,500 | -- | -- | 948 | 948 Sqft |
3210-12 Frankford Avenue , Philadelphia, PA,19134 | $434,000 | -- | -- | -- | 1748 Sqft |
2044 E Rush Street , Philadelphia, PA,19134 | $60,000 | -- | -- | 972 | 972 Sqft |
2918 Frankford Avenue , Philadelphia, PA,19134 | $123,900 | -- | -- | 1,263 | 1263 Sqft |
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ByOwner last updated this listing 05/24/2024 @ 22:45
MLS: PAPH2313160
LISTED BY: Karen Rachel Ehrlich , Philadelphia Homes
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.