Poonam N. Singhal, Listing Office: VORO Keystone, LLC
Property details
About 1531 N 22nd St
Introducing an extraordinary opportunity in the up-and-coming neighborhood of Philadelphia! This vacant lot, located at 1531 N 22nd St, offers immense potential for the future owner to generate substantial equity and long-term cash flow. Situated in a neighborhood on the rise, this lot presents a prime investment prospect. With a frontage of 16.00 feet and a depth of 57.00 feet, encompassing 912 square feet or 0.0209 acres, this rectangular-shaped lot provides a solid foundation for a variety of development possibilities. The level topography and CMX2 zoning further enhance the appeal of this property. CMX2 zoning allows for a diverse range of uses, including residential, commercial, and mixed-use development(Do your own diligence), making it ideal for creative entrepreneurs and investors seeking to capitalize on the evolving demands of the area. This lot's location within an upcoming neighborhood ensures that the future owner will be poised to benefit from the rapid growth and revitalization taking place. As the area continues to flourish, property values are expected to appreciate, resulting in increased equity over time. Moreover, with careful planning and thoughtful execution, the future owner can tap into the lucrative potential of rental income or future sales. The high demand for housing and commercial space in Philadelphia makes this lot an excellent opportunity to generate a consistent cash flow stream, adding to its long-term value. Don't miss out on the chance to secure a valuable asset in an up-and-coming Philadelphia neighborhood. With its attractive characteristics, including its rectangular shape, level topography, and CMX2 zoning, this vacant lot holds tremendous potential for the astute investor looking to build equity and generate cash flow over the years. Contact us today to explore this exciting opportunity further and take a step toward a prosperous future in Philadelphia's thriving real estate market.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2399378
- MLS Name: BRIGHT
- Office Name: Rehobot Real Estate, LLC
- Office Phone: (215) 716-7173
- Listing Agent: Sergio Giraldo
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Last updated on: 1/22/2025, 4:16:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$84,900
1531 N 22nd St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 03, 2018 | Home Sold | $400,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $0 | $61 |
2019 | $4,400 | $61 |
2018 | $4,400 | $61 |
2017 | $4,400 | $61 |
History based on county public records data.
Nearby schools
1
Richard R. Wright Elementary School
Public District KG-5
0.9 mi
•2700 W Dauphin St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.2 mi
•2539 N 16th St
1
Thomas May Peirce Elementary School
Public District KG-6
1.4 mi
•2300 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,314. Most Philadelphia, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1531 N 22nd St
This home is located at 1531 N 22nd St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $84,900.
Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.