325 N 12th St, Philadelphia, PA, 19107

325 N 12th St, Philadelphia, PA, 19107 < >
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for sale
$5,666,000
Lot Size:0.17 Acres
Status:Active
MLS #:PAPH2318600
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
Exterior Details
Lot Features: Additional Lot(s)Lot Size Acres: 0.17
Lot SQFT: 7480.00Navigable Water YN: N

Community Information
HOA YN: NCounty: PHILADELPHIA
Cross Street: VINEMLS Area: 19107 (19107)
Zoning: LOTMunicipality: PHILADELPHIA

School Details
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Property Information From MLS Data
DOM: 1Property Sub Type: Land
Vacation Rental YN: N

Financial Information
Sale Type: Standard

Utilities
Sewer Septic: No Septic Approved, Public SewerUtilities: Water Available, Sewer Available, Natural Gas Availa
Water Source: Public

Listing Information Courtesy of:
List Agent Full Name: Richard Q Li
List Office Name: Liberty Real Estate
List Office Phone: 2156254725

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Monthly Payment for 325 N 12th St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$5,666,000
Down Payment:
Loan Amount:$4,532,800
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Richard Q Li, Liberty Real Estate
Information obtained from Bright MLS is current as of 4/30/2024 3:58 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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