$525,000
- Beds
- Unknown
- Baths
- 0.5
- sq ft
- 4,116
2200 N Hope St, Philadelphia, PA 19133
2200 N Hope St
PHILADELPHIA, PA 19133
- 95 days on market
- Price drop $44,000↓
Development opportunity.... Single family residential land. 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.
Details
Property type
Lot size
4,116 sq ft
Price per sq ft
$128
Year built
1920
Annual property taxes
$1,944
HOA
No
Price History
10/29/2024
Bright #PAPH2385592
Price change
$525,000
-7.73%
10/09/2024
Bright #PAPH2385592
Price change
$569,000
-11.78%
09/18/2024
Bright #PAPH2385592
Price change
$645,000
-5.84%
Schools & Community
Neighborhood:
West Kensington
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
THE SCHOOL DISTRICT OF PHILADELPHIA
Status: Active
Tomo last checked: 11/14/2024 at 8:15 PM
Listing updated: 10/28/2024 at 9:14 PM
Listed by: Luis Luciano, EXP Realty, LLC Phone #: (888) 397-7352
MLS: Bright #PAPH2385592
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