Philadelphia, PA 19133,2200-12 N HOPE ST
Philadelphia, PA 19133,2200-12 N HOPE ST
Philadelphia, PA 19133,2200-12 N HOPE ST
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$525,000
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4,116 SqFt
Price Dropped by $44K

2200-12 N HOPE ST Philadelphia, PA 19133

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Denise Petti, CREN, CBDA

UPDATED:

10/29/2024 01:10 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,116 sqft

Price per Sqft $127

MLS Listing ID PAPH2385586

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $1,944

Tax Year 2023

Lot Size 4,116 Sqft

Acres 0.09

Lot Dimensions 98x42

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

Interior

Hot Water None

Heating Space Heater

Cooling None

Heat Source Other

Exterior

Garage Spaces 16.0

Utilities Available Sewer Available, Water Available, Electric Available

Waterfront N

Water Access N

Roof Type Rubber

Accessibility >84\" Garage Door

Total Parking Spaces 16

Garage N

Building

Lot Description Additional Lot(s), Corner

Foundation None

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882005550

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Other, Bank Portfolio, Cash

Listing Terms Other, Bank Portfolio, Cash

Financing Other,Bank Portfolio,Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Luis Luciano • EXP Realty, LLC

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Denise Petti, CREN, CBDA

+1(609) 760-4334

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2200-12 N HOPE ST