• 4432 Ludlow Street PHILADELPHIA, PA 19104

  • $400,000
  • 0
    Bed(s)
  • 0
    Baths
  • 1,336
    Sq Ft
  • 1134
    Sqft

Welcome to an exceptional development opportunity in the heart of West Philadelphia's Spruce Hill neighborhood, where 4432 Ludlow Street is awaiting transformation into a modern masterpiece. Developers take note of this unique chance to purchase this property, 2 blocks from the Market-Frankford rail station as a location that paves the way for your vision. Situated at 4432 Ludlow Street, this is perfectly positioned within walking distance of the dynamic University City, ensuring a constant influx of potential tenants from the nearby universities. The lot comes with favorable RM-1 zoning, making it an ideal investment for developers seeking to capitalize on the high demand for housing in this coveted area. CAN BE PURCHASED with the adjoining property at 4434 Ludlow. There is already a fitness center on the block, two grocery stores with organic produce within blocks, and more amenities being added to the immediate area on an ongoing basis. This property promises substantial long-term returns, thanks to the ever-increasing property values in the highly desirable Spruce Hill neighborhood. As you embark on this exciting project, consider exploring nearby new construction for inspiration, ensuring your vision aligns perfectly with the aspirations of this thriving community. Spruce Hill and University City offer a unique blend of urban convenience and community charm: The property is within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, guaranteeing a constant pool of potential renters. Explore a diverse array of restaurants, cafes, and cultural hotspots. From global cuisine to independent theaters and music venues, there's always something to enjoy. The 46th and Market transit station provides convenient public transportation to Center City and beyond, as well as multiple nearby bus lines. This is an unrivaled opportunity for developers looking to leave their mark on this vibrant community and seize a prime slice of West Philadelphia's real estate market. Don't miss your chance to be part of the growth and excitement of Spruce Hill and University City. Contact us today to schedule a viewing and start turning your development dreams into reality!

Property Type :

Multi-Family

Subdivision :

Spruce Hill

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: None

Heating: Hot Water

Cooling Fuel: None

Heating Fuel: Other

Building Information

Year Built: 1925

Structure: Twin/Semi-Detached

Fireplace: 2

New Construction: No

Total Units: 1

Built: 1925

Construction Material: Masonry

Foundation/Basement: Stone

Architecture: Straight Thru

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Instant Hot Water

Lot Information

Lot Size: 1,134

Dimensions: 14.00 x 81.00

Lot Size (Acres): 0.03

Architectural Style: Straight Thru

Main Square Feet: 1,134

Property Information

SQ ft: 1,336

SQ ft (Living Area): 1,336

Total Lot SQ ft: 1,134

Subdivision: SPRUCE HILL

Financing: Cash

Appx. Lot Dimensions: 14.00 x 81.00

Total Acreage: 0.03

New Construction: No

Type: Straight Thru

Listing Information

Possession: Immediate

Days Of Market: 40

Tax Information

Annual Tax: $4,875

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $348,300

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash

Homeowners Association Information

Direction: Use GPS

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Fire Place Information

Total Fire Place: 2

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Other

Hot Water: Instant Hot Water

Location Information

Direction: Use GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
836 N Brooklyn Street , Philadelphia, PA,19104 $35,000 -- -- 765 765 Sqft
726 N 37th Street , Philadelphia, PA,19104 $65,000 -- -- 1,138 1138 Sqft
656 N 36th Street , Philadelphia, PA,19104 $124,500 -- -- 1,088 1088 Sqft
4076 Spring Garden Stre.., Philadelphia, PA,19104 $225,000 -- -- 1,617 1617 Sqft
729 N Preston Street , Philadelphia, PA,19104 $69,900 -- -- 879 879 Sqft
3801 Cambridge Street , Philadelphia, PA,19104 $179,000 -- -- 1,248 1248 Sqft
4047 W Girard Avenue , Philadelphia, PA,19104 $149,000 -- -- 1,710 1710 Sqft
4438 Chestnut Street , Philadelphia, PA,19104 $1,195,000 -- -- -- 2200 Sqft
3939 Folsom Street , Philadelphia, PA,19104 $65,000 -- -- 1,022 1022 Sqft
3920 Aspen Street , Philadelphia, PA,19104 $150,000 -- -- 1,440 1440 Sqft

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 04/30/2024 @ 01:05

MLS: PAPH2292152
LISTED BY: Martha Savery , Compass Pennsylvania, LLC
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.

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