2200-12 N HOPE ST Active

Philadelphia,PA 19133

$ 525000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2385590

Annual Tax Amount $1,944

Tax Year 2023

Lot Size 4,116 Sqft

Property 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 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.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RSA5

Exterior

Utilities Available Sewer Available,Water Available,Electric Available

Waterfront N

Water Access N

Building

Lot Description Additional Lot(s),Corner

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Other,Bank Portfolio,Cash

Listing Terms Other,Bank Portfolio,Cash

Special Listing Condition Standard

View More
Favorite Go Tour