346 West Queen Lane
$699,999
4,380 / 0.10
Description
QUEEN'S COMMONS: Zoning-approved multifamily development opportunity in NWPHL (Northwest Philadelphia), straddling two (2) in-demand neighborhoods: East Falls and Germantown. This value engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±19,697 SF with ground floor commercial space, storage, fitness center, amenity space and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will...QUEEN'S COMMONS: Zoning-approved multifamily development opportunity in NWPHL (Northwest Philadelphia), straddling two (2) in-demand neighborhoods: East Falls and Germantown. This value engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±19,697 SF with ground floor commercial space, storage, fitness center, amenity space and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent site benefits from 52’ of frontage totaling roughly ±4,380 SF or prime urban land. Easy access to East Falls borough amenities, breweries, shops and restaurants, as well as Queen Lane Septa Station (regional rail), Germantown Cricket Club, Germantown Friends School, William Penn Charter School and Thomas Jefferson University, as well as downtown Germantown. Purchase this approved real estate in a Top-10 USA MSA today and plant your company’s flag in PHL. Enquire within for PPP (pro forma, permits, plans). 10 year tax abatement-eligible. Pay taxes on assessed land value for 10 years rather than the improvements (21 unit building). This area is poised for above-average rent growth and appreciation and is surrounded by progressive new development in every direction. Make your move.
- Listed by Ryan J McManus • Keller Williams Liberty PlaceP: (610)-606-1095 ryan@agentphl.com
- Listed by Brandon Ribeiro • Keller Williams Liberty PlaceP: (267)-945-8167 brandon@agentphl.com
Property Details for 346 West Queen Lane
Tax ID Number
123121305
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsCity
GarageNo
SubdivisionEAST FALLS
SubdivisionEAST FALLS (PHILADELPHIA PA)
LISTING UPDATED: 11/04/2024 04:13 PM
Property Details for 346 West Queen Lane
Status | Active |
---|---|
MLS # | PAPH2416546 |
Days on Market | 14 |
Taxes | $2,394 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.10 AC |
County | Philadelphia County |
Building Information for 346 West Queen Lane
Lot Size0.10 AC
Property Information for 346 West Queen Lane
Property History for 346 West Queen Lane
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.
Public Records for 346 West Queen Lane
Taxable ValueLand$23,700Additions$49,800Total$73,500
Tax Record2023$1,659 ($138 / month)
Home Facts
Total Finished SqFt1,410 SqFtAbove Grade Finished SqFt1,410 SqFtStories2Lot Size2,617 SqFtStyleOffice BuildingYear Built1900ZoningCMX2.5CountyPHILADELPHIAAPN12-3-1213-05
Schools near 346 West Queen Lane
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kelly John B School PublicK to 5 | ||
Fitler Academics Plus PublicK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Randolph A. Philip Avt High School 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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