167 West Cumberland Street

Philadelphia, PA 19133

$70,000
Price
855 / 0.02
Lot Size / Acres

Description

Prime Development Opportunity at 167 W Cumberland St! This RM1 zoned lot is perfectly positioned for development, allowing for the construction of a 3-story structure with 2 units by right. Currently raw land, this lot provides a blank canvas for your vision with no existing plans, offering endless possibilities for customization. Key features include the potential to build an egressed basement, maximizing space and functionality. Each unit has the potential to rent for $1700 per month, providing...Prime Development Opportunity at 167 W Cumberland St! This RM1 zoned lot is perfectly positioned for development, allowing for the construction of a 3-story structure with 2 units by right. Currently raw land, this lot provides a blank canvas for your vision with no existing plans, offering endless possibilities for customization. Key features include the potential to build an egressed basement, maximizing space and functionality. Each unit has the potential to rent for $1700 per month, providing a strong rental income stream. With an average ARV of $535k+, this is a lucrative investment opportunity. Adjacent to an empty lot, this property ensures ample space for development. A reputable builder is available to provide a rough estimate on construction costs and is ready to engage in the build, ensuring a smooth and efficient process from start to finish. Don't miss out on this exceptional opportunity to invest in a rapidly developing area and capitalize on the strong rental market. Contact us today to learn more!
  1. Listed by Richard K Cassell • KW Empower
    P: (215)-607-6007 rcassell@kw.com

Property Details for 167 West Cumberland Street

Tax ID Number
885256960
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
Construction Completed
No
LISTING UPDATED: 08/25/2024 04:09 AM

Property Details for 167 West Cumberland Street

StatusActive
MLS #PAPH2379786
Days on Market139
Taxes$179 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.02 AC
CountyPhiladelphia County

Building Information for 167 West Cumberland Street

Lot Size0.02 AC

Property Information for 167 West Cumberland Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $12,800
  • Year Assessed: 2024
  • City Town Tax: $78
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RM1
  • Zoning Dscrp: 2 Residential units by right
  • Tax Lot: 21
  • School Tax: $100
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 57.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 992091
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 167 West Cumberland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 167 West Cumberland Street

Taxable ValueLand$12,800Additions-Total$12,800
Tax Record2024$179 ($15 / month)
Home Facts
Beds0Lot Size855 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN88-5-2569-60

Schools near 167 West Cumberland Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hunter William H School
PublicPK to 8

Kensington HS
Public9 to 12

Kensington Culinary Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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167 West Cumberland Street is a 0.02 ac of land for sale in Philadelphia, PA 19133. This property was listed for sale on August 7, 2024 by KW Empower, it's currently listed at $70,000. It has been on the market for a total of 139 days and was last sold on August 6, 2009. This listing's school district is The School District of Philadelphia. Nearby schools include Hunter William H School, Kensington HS and Kensington Creative & Performing Arts High School. 167 West Cumberland Street is a 0-bed, 0-bath, 0.02 ac of land on a 855 sq. ft. / 0.02 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.