Thank you
Martha Savery
Compass Pennsylvania, LLC
267-380-5813
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!
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Water Source : Public
Cooling: None
Heating: Hot Water
Cooling Fuel: None
Heating Fuel: Other
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: No Pool
Sewer: Public Sewer
Water Heat: Instant Hot Water
Lot Size: 1,134
Dimensions: 14.00 x 81.00
Lot Size (Acres): 0.03
Architectural Style: Straight Thru
Main Square Feet: 1,134
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
Possession: Immediate
Days Of Market: 40
Annual Tax: $4,875
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $348,300
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash
Direction: Use GPS
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Total Fire Place: 2
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: None
Heating Fuel: Other
Hot Water: Instant Hot Water
Direction: Use GPS
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
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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 |
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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.