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4507 Locust Street Philadelphia, PA $ 395,000
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$ 395,000 Get more info
4507 Locust Street
$ 395,000
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4507 Locust Street

Philadelphia, PA, 19139
$ 395,000
Baths0.0

Monthly Estimate*

$ 2,625

4507 Locust Street, Philadelphia, PA 19139 - Image 1
4507 Locust Street, Philadelphia, PA 19139 - Image 2
4507 Locust Street, Philadelphia, PA 19139 - Image 3
4507 Locust Street, Philadelphia, PA 19139 - Image 4
4507 Locust Street, Philadelphia, PA 19139 - Image 5
4507 Locust Street, Philadelphia, PA 19139 - Image 6
4507 Locust Street, Philadelphia, PA 19139 - Image 7
Studio

Commercial Property for sale in Philadelphia, PA

for $395,000. This building was built in 2023 on a lot size of 0.06.

Tremendous investment opportunity in University City. Extra large vacant lot zoned CMX-2 and measuring 22 x 113. Rarely available parcel on a prime, tree-lined block filled with 3-story, porch-front, Victorian homes. CMX-2 will permit ground floor commercial space plus 5 dwelling units. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space on nearby 45th St. and Walnut St. Short walk to Market/Frankford El and of course take advantage of everything University City has to offer with regional anchors UPenn and Drexel University. Purchase with separately available parcel at 222-224 S. 45th St. and create one mega development. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.

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Commercial Contingent

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,048

Style

Apartment Building

Lot Size

0.06

Year Built

2023

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2287478
Features
Interior
Heating Fuel None
Hot Water None
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Negotiable
Zoning CMX2
Construction Materials Other
Year Built 2023
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name UNIVERSITY CITY
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions 45th & Locust
City PHILADELPHIA
Buyer Agent Compensation 2.75
MLS Area 19139 (19139)
Lot Size Square Feet 2495.00
Waterfront Y/N N
Street Name LOCUST
Tax Annual Amount 1048.0
Vacation Rental Y/N N
Days on Market 209
Standard Status Active Under Contract
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 22.00 x 113.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 74900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4507
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* Excluded Features
List By
Kw Empower

Broker

bryan@caponephillyre.com

Email

Affordability Calculator

$2,713
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/5/2024$395,000 -7.06% Price Down
3/5/2024$425,000 -7.61% Price Down
1/12/2024$460,000 -7.07% Price Down
11/30/2023$495,000 -13.91% Price Down
10/12/2023$575,000 Listed Price

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4507 Locust Street, Philadelphia, PA, 19139 is a Commercial Property for sale at $395,000 with a lot size of 0.06. 4507 Locust Street is a studio with 0.0 baths and was built in 2023. The property's zip code is 19139 which is in Philadelphia, PA

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