2661 Webb St
Philadelphia, PA 19125
- – beds
- – baths
- – sqft
- 560 sqft lot
For sale is a rsa-5 zoned buildable 14x40 lot approved for 3 floors with roof deck, attached on one side and with a locked gate in front. Excellent location in the city being 2 min from the Shops at Fishtown, 3 min from rivers casino, less than 10 min from center city, 10 min from bridge to NJ, etc. Very quiet and peaceful small one-way street with virtually no traffic, with parking usually available. Public utilities. New construction demand has exploded in the recent years, demanding 600k+ for rowhomes on similar sized lots in Fishtown. The city has reassessed every property with the initiative to try to get assessed values closer to market value. The 2024 Assessed value for this lot is 15K but 2025's assessed value has skyrocketed to 105k, further evidence that the city is placing an emphasis on the rapidly increasing property values and gentrification in this particular neighborhood. If you are a builder looking for a new project this could be a lucrative money maker for you. 19125 is a prime zip code to maximize section 8 rent which could make this a lucrative opportunity not only to build and flip but also to build a 2-bedroom house collecting 2350/mo, 3 bedroom collecting 2830/mo, or 4 bedroom collecting 3220/mo to hold and rent. A roof deck on top of a 3-story house would have the most spectacular views of the city. Owner also owns next door 2663 Webb St. as a section 8 rental getting $2k per month. Owner is PA/NJ licensed realtor.
Listing courtesy of BRIGHT / RE/MAX Preferred - Cherry Hill
Last checked:
Checking…
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Last updated Oct 27, 2024
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MLS# PAPH2414210 —
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Next door to 2663 webb st
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Latitude:39.97782000
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Longitude:-75.11524000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:0.01
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Lot Size Source:Estimated
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Lot Size Dimensions:14x40
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Lot Dimensions Source:Estimated
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Lot SqFt:560 Sqft
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Additional Parcels:No
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Zoning:RESIDENTIAL
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (570) 351-5242
- Office phone:
- (856) 616-2626
Taxes
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Tax ID Number:312157800
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Tax Year:2024
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Tax Annual Amount:$400
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Tax Assessed Value:$15,000
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/26/24
Oct 26, 2024
|
Listed / Active | BRIGHT | $120,000 |