4200-4202 Lancaster Avenue

Philadelphia, PA
$ 495,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Large corner development deal in OPPORTUNITY ZONE area of West Philly, right on the edge of Mantua & West Powelton, 3 blocks from Drexel Athletic fields. According to public record, the 2 parcels total 4,574 SF of land area zoned CMX2. Currently there is a shell property approx. 9100 SF interior space that sits across both parcels. If rehabbed, you could add a 3rd story to part of the existing structure to achieve more interior square footage. Or, you could easily demo the existing free standing building and build a 4 story brand new construction building, like what other developers are currently doing 2 blocks away at 40th & Lancaster. The total lot size & zoning allows for you to build 8 residential units above commercial unit(s) on ground level by right. Or take advantage of the cities Mixed Income Housing Program to achieve 2-4 additional residential units AND 7 feet in added building height, WITHOUT needing a variance. Corner property allows for commercial frontage along TWO main streets and tons of windows & natural light in apartments above. This deal is a no brainer long term when you consider surrounding future projects such as the $3.5B Schuylkill Yards Project and the $1B UCity Square Development, all positioning this neighborhood to become a new major East Coast innovation hub. **This is also being marketed as Commercial Sale - MLS# PAPH838096 Land - MLS# PAPH837886 and Multi-Family - MLS# PAPH838048 **

Pending

  • Price
  • $ 495,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 3502
  • County
  • PHILADELPHIA
  • Style
  • Vacant,Mixed
  • Area
  • 19104
  • MLS#
  • PAPH837886
  • Zip
  • 19104
Listing Provided by: Keller Williams Philadelphia

Features

General

Additional Parcels Y/N No
Association Y/N No
County PHILADELPHIA
Current Use Vacant, Mixed
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19104 (19104)
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 175.66
Property SubType Land
Property Type Land
Real Estate Owned Y/N No
Sewer Public Sewer
Subdivision Name WEST POWELTON
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Exterior Features

Lot Dimensions 19.60 x 64.40
Lot Size Acres 0.06
Lot Size Source Estimated
Lot Size Square Feet 2818.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Wyomissing, PA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/30/2019 Listed $495,000

Property vs Zip Code Average in 19104

Price
AVG $330K
$500K
Taxes
AVG $2,612
$3,502
Visits
AVG 30
59
Walkscore
AVG 86
90
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

4200-4202 Lancaster Avenue Philadelphia, PA is a Single Family Home for sale at $495000 and a lot size of 2,614 SqFt Acre(s). 4200-4202 Lancaster Avenue Philadelphia has 0 bedrooms, 0 baths . The property's zip code is 19104 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.