#PAPH2410042, Paul P Cheng, Listing Office: Keller Williams Realty
Property details
About 550 Allengrove St
In the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mix—you're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.
Highlights
Home typeVacant Land
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.69 Acres
MLS #PAPH2279718
Summary
- MLS Number: PAPH2279718
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Listing Agent: Craig A. Lerch Jr.
- Agent Phone: (215) 778-6805
- Agent Email: craig@craiglerch.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$494,900
550 Allengrove St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2005 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $179,400 | $2,511 |
| 2022 | $179,400 | $2,178 |
| 2021 | $- | $2,211 |
| 2020 | $158,000 | $2,211 |
| 2019 | $158,000 | $2,211 |
| 2018 | $153,400 | $2,147 |
| 2017 | $116,200 | $1,626 |
History based on county public records data.
Nearby schools
3
Laura H. Carnell School
Public District KG-5
1.1 mi
•1100 Devereaux Ave
4
James R. Lowell Elementary School
Public District KG-4
1.3 mi
•450 W Nedro Ave
5
Cheltenham Elementary School
Public District KG-4
1.4 mi
•7853 Front 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 $26,224. The most common annual income of people living in Philadelphia, PA is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
68%
<35k
29%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
30%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
37%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Soccer
Mexican League Soccer
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Books-a-Million
Where do the neighbors go to eat?
Dominos Pizza
Wingstop
Church's Chicken
What do the neighbors drive?
Mazda
Nissan
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
Christian Adult Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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#PAPH2410038, Paul P Cheng, Listing Office: Keller Williams Realty
Frequently asked questions
About 550 Allengrove St
This home is located at 550 Allengrove St in Philadelphia, PA and zip code 19120 in the Crescentville neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $494,900.
In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. In February 2025 in Philadelphia, PA there were 10.7% more homes for sale than in January. Listings spent 59 days on the market in February 2025, and had a median list price of $268,469 during the same period.
From Rocket Homes Real Estate and based on county public records data.