1314-1318 N Carlisle St - Residential LAND FOR SALE


Philadelphia, PA 19121- Avenue Of The Arts North3,136 SF
$1,100,000 USD
610-606-1095
1314-1318 N Carlisle St, Philadelphia, PA for Sale
$1,100,000 USD
Residential LAND - FOR SALE
1/17
3,136 SF

1314-1318 N Carlisle St
Philadelphia, PA 19121
Avenue Of The Arts North


HIGHLIGHTS

  • ZONING APPROVED
  • 10-YR TAX ABATEMENT-ELIGIBLE
  • 14 UNITS
  • TOD (TRANSIT ORIENTED DEVELOPMENT)
  • SHORT-TERM PARKING OPTIONALITY FOR LAND USE (22-UNIT TURNKEY INVESTMENT AVAILABLE FOR SALE NEXT DOOR)
  • LOCATED BY PHILLY'S LARGEST UNIVERSITY BY ENROLLMENT (TEMPLE UNIVERSITY)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/ACRE

$15,279,337/AC

PRICE/SF

$351 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

QOZ Development Site: 14 Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.07 AC

LAND SF

3,136 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan McManusAgent PHLMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ryan McManusAgent PHLMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.