1901 E CUMBERLAND ST $375,000

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    1901 E CUMBERLAND ST PHILADELPHIA, PA 19125

    • 0.02 Acres
    • Land
    • MLS# PAPH925522
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    Views: 32 Days On Site: 351

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    Property Details

    Looking for land in the hottest section of 19125? East Kensington is up nearly 10% year over year and this ultra rare corner property comes with approved plans for a 3 unit building with 2 bi level upper units, each with a roof deck. The first floor is also a bi-level space but with commercial use on this prime corner, just a few blocks from the El train to cc. The approved plans and building permits mean less carry cost time and the abatement application is a win. This realtor sold a similar triplex a couple blocks away for nearly $900,000. This layout gives approximately 1,700 sq foot of commercial space on two levels, and two 2 bedroom nearly 1,000 sq ft units with approximately 3375 sq ft of roof deck. Invest smartly with density and develop something to hold or sell it complete to an investor after building. You can start the day you settle!

    • General Features
      • County PHILADELPHIA
      • HOA Y/N N
      • Municipality PHILADELPHIA
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount 157.00
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Zoning CMX1
    • Building Features
      • Garage Y/N N
      • Sewer Septic Public Sewer
    • Property Features
      • Lot Size Acres 0.02
      • Lot Size Dimensions 17.00 x 63.00
    • Schools
      • School District THE SCHOOL DISTRICT OF PHILADELPHIA

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    Neighborhood

    19125 (PHILADELPHIA) Demographics

    32 Median Age
    17,795 Population Density (per sq. mile)
    40% College Educated
    $52,500 Estimated Median Income
    5,695 Estimated Total Home Owners
    3,673 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    24,504 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $392,000 Median Sales Price
    76 Homes Sold
    86 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $375,000
        2/26/2021 12:58:20 AM Status Changed Source: Multiple Listing Service New Value: ACTIVE
        2/15/2021 1:16:50 PM Status Changed Source: Multiple Listing Service New Value: ACTIVE UNDER CONTRACT
        8/18/2020 10:21:00 AM New in Database Source: Multiple Listing Service New Value: $375,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.