2200 Hope Street
$525,000
4,116 / 0.09
Description
Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32’ deep structure, used as single family. Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise...Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32’ deep structure, used as single family. Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then you’d have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then you’d be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible. Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16’ wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.
- Listed by Luis Luciano • EXP Realty, LLCP: (215)-987-7633 luisluciano@kw.com
Property Details for 2200 Hope Street
Tax ID Number
882005550
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
LISTING UPDATED: 10/28/2024 09:11 PM
Property Details for 2200 Hope Street
Status | Active |
---|---|
MLS # | PAPH2385590 |
Days on Market | 134 |
Taxes | $1,944 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.09 AC |
County | Philadelphia County |
Building Information for 2200 Hope Street
Lot Size0.09 AC
Property Information for 2200 Hope Street
Property History for 2200 Hope Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2200 Hope 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 Creative & Performing Arts High School 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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