550 Allengrove Street
Philadelphia, PA 19120
- – beds
- – baths
- – sqft
- ~3/4 acre lot
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.
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Oct 25, 2024
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MLS# PAPH2279718 —
The Building
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Historic:No
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
Location
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Directions:Bingham Street south to Allengrove St turn right
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Cross Street:Bingham
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Latitude:40.03939438
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Longitude:-75.10510254
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Land/Lot Only
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Lot Size Units:Square Feet
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Lot Size Acres:0.69
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Lot Size Source:Assessor
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Lot Size Dimensions:429.00 x 70.00
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Lot Dimensions Source:Assessor
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Lot SqFt:29,902 Sqft
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Additional Parcels:No
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Zoning:I2
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Zoning Description:I2
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Horse:No
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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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Land Use Code:SI
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 778-6805
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:885893220
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Tax Year:2024
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Tax Lot:75
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Tax Annual Amount:$2,511
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Tax Assessed Value:$179,400
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Year Assessed:2024
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School Tax:1406.0
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City/Town Tax:1104.00
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Total Taxes Payment Frequency:Annually
Utilities
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Utilities:Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:No Septic System
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Water Source:None
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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Subdivision Name:Lawndale
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
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Transportation:Airport less than 10 miles, Metro/Subway Station 1 to 3 miles, Commuter Rail Station 1 to 5 miles
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/6/24
Feb 6, 2024
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Price Changed | BRIGHT | $494,900 | -0.0% |
9/21/23
Sep 21, 2023
|
Listed / Active | BRIGHT | $495,000 |