2123 N Broad St - Residential LAND FOR SALE


Philadelphia, PA 19122- Avenue Of The Arts North3,202 SF
$899,999 USD
610-606-1095
2123 N Broad St, Philadelphia, PA for Sale
$899,999 USD
Residential LAND - FOR SALE
1/10
3,202 SF

2123 N Broad St
Philadelphia, PA 19122
Avenue Of The Arts North


HIGHLIGHTS

  • PRIME LOCATION AT PHILLY'S LARGEST UNIVERSITY
  • TRANSIT-ORIENTED DEVELOPMENT
  • 10 YEAR TAX ABATEMENT-ELIGIBLE

OVERVIEW

Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/ACRE

$12,251,217/AC

PRICE/SF

$281 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

22 Units- Developable @ TEMPLE U

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.07 AC

LAND SF

3,200 SF

OFFSITE IMPROVEMENTS

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

ZONING

CMX25

APN/PARCEL ID

871400395

ASK ABOUT THIS PROPERTY

Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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