802 North Preston Street
$60,000
1,238 / 0.03
Active Under Contract
Description
This vacant lot at 802 N Preston Street presents an excellent development opportunity in Philadelphia's rapidly evolving Mantua neighborhood. The property's RM1 zoning allows for the construction of a multi-family building with up to four units, offering developers flexibility in design and unit mix. Situated in an area experiencing substantial new construction, this lot is well-positioned to capitalize on the neighborhood's growth and increasing desirability. The projected After Repair Value (ARV)...This vacant lot at 802 N Preston Street presents an excellent development opportunity in Philadelphia's rapidly evolving Mantua neighborhood. The property's RM1 zoning allows for the construction of a multi-family building with up to four units, offering developers flexibility in design and unit mix. Situated in an area experiencing substantial new construction, this lot is well-positioned to capitalize on the neighborhood's growth and increasing desirability. The projected After Repair Value (ARV) of $750,000 to $800,000 for a completed project reflects the strong market potential in this location. For investors and developers seeking to enter or expand their presence in a transforming Philadelphia neighborhood, this lot offers the chance to create a custom-built property tailored to current market demands.
- Listed by Shaheedah A Tinsley-Cobbs • Realty ONE Group FocusP: (215)-833-1724 shaheedah.tinsley@gmail.com
Property Details for 802 North Preston Street
Tax ID Number
062239350
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
SubdivisionMANTUA
SubdivisionMANTUA (PHILADELPHIA PA)
MunicipalityPHILADELPHIA
LISTING UPDATED: 08/21/2024 02:11 PM
Property Details for 802 North Preston Street
Status | Active Under Contract |
---|---|
MLS # | PAPH2376674 |
Days on Market | 34 |
Taxes | $319 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.03 AC |
County | Philadelphia County |
Building Information for 802 North Preston Street
Lot Size0.03 AC
Property Information for 802 North Preston Street
Property History for 802 North Preston 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.
Public Records for 802 North Preston Street
Taxable ValueLand$22,800Additions-Total$22,800
Tax Record2023$319 ($27 / month)
Home Facts
Beds0Total Finished SqFt2,005 SqFtAbove Grade Finished SqFt2,005 SqFtLot Size1,238 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN06-2-2393-50
Schools near 802 North Preston Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Middle Years Alternative School Public6 to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Philadelphia Learning Academy - South Public9 to 12 | ||
School Of The Future 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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