4916-4920 Lancaster Avenue, Unit 49164920

Philadelphia, PA 19131

$800,000
Price
Beds
4
Baths
2
1/2 Baths
7,052 Sq. Ft.
$113 / Sq. Ft.
7,052
Sq. Ft.
$113
per Sq. Ft.

Description

4916-4920 Lancaster Ave Philadelphia, Pa 19131 CMX-2 Collection: Six (6) small scale commercial and residential use condominiums, 7,502 square feet CMX-2 Lifestyle: space to work, live and entertain. Opportunity zone investment upenn closing cost reduction program. Perfectly situated just 10 minutes from the University of Pennsylvania and Drexel University, 16 minutes from Amtrak 30th Street Station, and 20 minutes from Philadelphia International Airport, this opportunity offers unrivaled convenience...4916-4920 Lancaster Ave Philadelphia, Pa 19131 CMX-2 Collection: Six (6) small scale commercial and residential use condominiums, 7,502 square feet CMX-2 Lifestyle: space to work, live and entertain. Opportunity zone investment upenn closing cost reduction program. Perfectly situated just 10 minutes from the University of Pennsylvania and Drexel University, 16 minutes from Amtrak 30th Street Station, and 20 minutes from Philadelphia International Airport, this opportunity offers unrivaled convenience and potential for growth. Three Versatile Storefronts, that can be transformed into various businesses such as an insurance office, law office, co-working spaces, wireless store, dine-in or take-out restaurant, or even a 1,200-square-foot event space. Imagine the possibilities and capitalize on the high-visibility location! Upon completion Three Spacious Inviting Bedroom-Apartments with a potential of strong rental income of $2,500 per storefront and $2,500 per apartment, making this a lucrative opportunity for long-term returns. Mini-Mall Potential environment where the storefronts attract diverse businesses while the apartments provide valuable residential rental income
Unit 4916: Charming 2-story residential unit with two 950 sq. ft. loft apartments. Each apartment boasts beautiful 2-inch Red Oak Appalachian hardwood floors and updated bathrooms. Enjoy outdoor living with a spacious backyard on the first floor and a relaxing deck on the second floor. Unit 4918: Dynamic 2-story commercial space offers two 1,400 sq. ft. storefronts, both featuring 2-inch Red Oak Appalachian hardwood floors and accessible bathrooms. The first-floor space includes a 304 sq. ft. backyard, while the second floor features a 153 sq. ft. deck. Ideal for a variety of business ventures including offices, co-working spaces, or an event venue. Unit 4920: 2-story house with 1,908 sq. ft. of space, featuring 2 updated bathrooms and elegant 2-inch Red Oak Appalachian hardwood floors. This unit also includes a 304 sq. ft. backyard and a 153 sq. ft. deck, offering a comfortable living environment. All three units present a fantastic opportunity for customization with an outstanding investment in an Opportunity Zone, with endless possibilities for savvy investors or business owners." Sold in as is condition" Seize this chance to create a thriving mixed-use development with residential and commercial spaces. These properties have not been completely renovated and are being sold in their "AS IS" condition. Seller will not be making any repairs. Photos are Virtually staged
  1. Listed by Rosalie Hadulias • Keller Williams Realty - Atlantic Shore
    P: (609)-839-7904 rosalie1@comcast.net

Property Details for 4916-4920 Lancaster Avenue, Unit 49164920

Tax ID Number
871569440
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Other
Style
Other
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 10/18/2024 06:28 PM

Property Details for 4916-4920 Lancaster Avenue, Unit 49164920

StatusActive
MLS #PAPH2377672
Days on Market159
Taxes$1,902 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1925
Lot Size0.03 AC / 1,445 SF
CountyPhiladelphia County

Building Information for 4916-4920 Lancaster Avenue, Unit 49164920

Stories2Year Built1925Building Size-Lot Size0.03 AC / 1,445 SF

Property Information for 4916-4920 Lancaster Avenue, Unit 49164920

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
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
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $135,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $108,800
  • City Town Tax: $858
  • Land Assessed Value: $27,100
  • Clean Green Assessed: No
  • Land Use Code: S30
  • Zoning: CMX2
  • Tax Lot: 148
  • School Tax: $1,043
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 6
  • # Bathrooms Full Main Level: 4
  • # Bathrooms Half Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 7,052.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 17.00 x 85.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1202783
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: Other Bath Mod
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: None
  • Heating Fuel: Natural Gas Available
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Atlantic City & County Board of REALTORS

Property History for 4916-4920 Lancaster Avenue, Unit 49164920

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4916-4920 Lancaster Avenue, Unit 49164920

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - 5 to 12
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Middle Years Alternative School
Public6 to 8

Overbrook High School
Public9 to 12

Philadelphia Learning Academy - South
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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4916-4920 Lancaster Avenue, Unit 49164920 is a single family home for sale in Philadelphia, PA 19131. This property was listed for sale on July 18, 2024 by Keller Williams Realty - Atlantic Shore, it's currently listed at $800,000. This listing's school district is The School District of Philadelphia. Nearby schools include The Science Leadership Academy At Beeber, Middle Years Alternative School and Overbrook High School. 4916-4920 Lancaster Avenue, Unit 49164920 is a 0-bed, 5-bath, 7,052 sqft single family home built in 1925.

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 Keller Williams Realty - Atlantic Shore

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.