5101 Westminster Avenue
$1,295,000
25,669 / 0.59
Description
Massive ±25,420 SF corner parcel in West Philly: Shovel-ready multifamily development site with plans and permits on hand to build 74 units. Easy access to University City — the "eds and meds" economy featuring PENN, DREXEL, CHOP, SCIENCE CENTER, SCHUYLKILL YARDS, 30TH ST STATION + more. This location is the powerhouse of the Philadelphia marketplace. Real estate in West Philadelphia is poised for massive gains in the years to come, powered by innovation in higher education, healthcare, life sciences,...Massive ±25,420 SF corner parcel in West Philly: Shovel-ready multifamily development site with plans and permits on hand to build 74 units. Easy access to University City — the "eds and meds" economy featuring PENN, DREXEL, CHOP, SCIENCE CENTER, SCHUYLKILL YARDS, 30TH ST STATION + more. This location is the powerhouse of the Philadelphia marketplace. Real estate in West Philadelphia is poised for massive gains in the years to come, powered by innovation in higher education, healthcare, life sciences, business and technology. The need for high quality housing has never been greater. Buy and build! Permits and plans conveyed at sale. The Property consists of studios, 1bd + 2bd apartments plus parking in a 5-storey structure. 10 year tax abatement. Enquire within for PPP (pro forma, plans, permits). Buyer responsible for verifying taxes, sf, and entitlements in dd.
- Listed by Ryan J McManus • Keller Williams Liberty PlaceP: (610)-606-1095 ryan@agentphl.com
- Listed by Brandon Ribeiro • Keller Williams Realty - Ocean CityP: (267)-945-8167 brandon@agentphl.com
Property Details for 5101 Westminster Avenue
Tax ID Number
881000337
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsCity
GarageNo
SubdivisionWEST PHILADELPHIA
SubdivisionWEST PHILADELPHIA (PHILADELPHIA PA)
LISTING UPDATED: 11/04/2024 11:42 AM
Property Details for 5101 Westminster Avenue
Status | Active |
---|---|
MLS # | PAPH2385164 |
Days on Market | 57 |
Taxes | $120,170 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.59 AC |
County | Philadelphia County |
Building Information for 5101 Westminster Avenue
Lot Size0.59 AC
Property Information for 5101 Westminster Avenue
Property History for 5101 Westminster Avenue
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 5101 Westminster Avenue
Taxable ValueLand$1,144,640Additions$7,440,160Total$8,584,800
Tax Record2023$120,170 ($10,014 / month)
Home Facts
Total Finished SqFt124,936 SqFtAbove Grade Finished SqFt124,936 SqFtLot Size25,669 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningRM2CountyPHILADELPHIAAPN88-1-0003-37
Schools near 5101 Westminster Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Rhoads James School PublicK to 8 | ||
Overbrook High School Public9 to 12 | ||
Parkway West Public9 to 12 | ||
Middle Years Alternative School Public6 to 8 |
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.
Neighborhood Map and Transit
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