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$1,100,000
Est. payment /mo
3,144 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2459278
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,523
Tax Year 2024
Lot Size 3,144 Sqft
Acres 0.07
Lot Dimensions 0.00 x 54.00
Property Sub-Type Land
Property Description
1314 North Carlisle: Zoning-approved 14-unit luxury multifamily development site. This prime ±3100 SF QOZ (OPPORTUNITY ZONE) land parcel is situated between Francisville, Temple University and the North Broad District — the nexus of 3 booming locations adjacent to Downtown Philly. Temple University is the largest university in Philadelphia by enrollment and with a new president at the helm, a campus renaissance is underway, 1314 North Carlisle is perfectly positioned to capture swelling residential demand from market-rate renters and students alike. 10-year tax abatement-eligible — pay tax on land basis rather than the improved 14-unit future building for 10 years. Easy access to Broad Street subway line connecting directly to Center City and University City. Walkable to Main Campus and the amenities along the thriving North Broad corridor. Enquire within about the 22-unit for sale next door—a turnkey investment property that could benefit from paved parking in the short term as an added amenity to the building — providing flexibility for the land use at 1314 North Carlisle. Enquire within for building plans.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 881000388
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Ryan J McManus • Keller Williams Liberty Place
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