Exceptional Redevelopment Opportunity in a Prime Central Location! This remarkable property offers a unique investment prospect that should not be overlooked. Dating back to 1873, this historic church, with a documented century-long history, holds immense potential for revitalization and adaptation into various exciting possibilities. Situated just a few miles from Center City Philadelphia, it boasts a strategic location near prominent landmarks such as the Art Museum, Franklin Institute, Boathouse Row, Fairmount Park, the Philadelphia Zoo, and the Community College of Philadelphia. Nestled within the burgeoning Cabot neighborhood, this property is at the crossroads of Temple Town, Brewery Town, and Yorktown, with proximity to Temple University and adjacent to The Freedom Theater, and the Colombia North YMCA. Notably, it's less than a block away from Broad Street, granting easy access to public transportation by bus or train, as well as being adjacent to a city bike-share location. With Philadelphia International Airport just 13 miles away and its convenient access to New Jersey, this property offers convenience on multiple fronts. The area has seen substantial new construction and redevelopment, transforming it into a vibrant and rejuvenated community. The Church's architecture is characterized by a captivating combination of stone, brick, and stucco, featuring grand stained-glass windows and a spacious double-wide front entrance. This property is being sold as-is, providing a blank canvas for your creative ideas and designs, with countless possibilities for future use. This corner lot opportunity is exceptionally rare in this sought-after location, making it an opportunity you can't afford to miss. The current zoning is CMX2, prospective buyers should conduct thorough due diligence regarding zoning and variances, but the potential here is truly remarkable.
Needs complete rehab
In the market for a great investment property? Look no further. This turn key property is a student housing building situated on Temple University's campus, comprising 15 units with a total of 53 beds. Current housing occupancy rate is over 75%. Originally built in 1912, the 21,205-square-foot building underwent a complete renovation in 2019 and is currently occupied by the Kappa Delta Rho fraternity. The building boasts a combination of timeless architecture and contemporary systems and amenities. Security doors, access control intercom system and security cameras are in place and operational. The building has on-site laundry facilities. Located on Temple University's campus and along Philadelphia's iconic Broad Street, approximately two miles from Center City, this property is highly desirable and offers great long-term appreciation potential. Qualified investors can take advantage of this opportunity to acquire real estate in an irreplaceable location that showcases exceptional craftsmanship and timeless architecture, while also providing all the modern amenities that today's market demands. Further information available upon request.
Presenting this amazing opportunity to acquire the Stillman Portfolio of Brewerytown, a 17-unit, four-building multifamily portfolio located in Brewerytown. The Stillman Portfolio is a rare opportunity to purchase a new construction development uniquely positioned in the path of growth and poised to see significant rent increases in the proceeding years. The four buildings have nine years remaining on the tax abatement, and require no capital improvements. The portfolio consists of (3) two-bedroom and one-bathroom units and (14) two-bedroom and two-bathroom units. All units have luxury finishes throughout including engineered wood flooring, quartz countertops and stainless steel appliances in the kitchens. The units are equipped with modern tech upgrades with built-in surround sound speakers, a video doorbell system, and smart thermostats. There is a shared fenced-in outdoor area for tenants and a community roof deck with parapet walls for privacy. The Stillman Portfolio is located within walking distance to tons of restaurants, cafes, and shops on Girard Avenue, Brewerytownâs booming commercial corridor. The portfolio is within close proximity to the Philadelphia Museum of Art, Temple & Drexel University, Eastern State Penitentiary, the Schuylkill River Trail, and Fairmount Park. The location is easily accessible to and from Center City and surrounding suburbs via Girard Avenue, I-76, and I-676, and different public transportation methods. Taxes are not $0. Taxes and square footage is the responsibility of the buyer to have verified. Photos are of on unit at 1517 N Stillman.
Here's a chance to snatch up this lot zoned CMX2. This has potential to have a huge commercial space and 2 units above (2nd and 3rd floor). Tenant occupied. The property is being sold AS-IS. Buyer is responsible to complete their own due diligence to confirm it's the right property for them.
TEMPLE UNIVERSITY - AME Union Church is located in North-Central Philadelphia, alongside the southern end of Temple Universityâs main Campus. The church will be sold along with the attached building and two vacant lots. The church and lots stretches from N 16th St. to Willington St. Estimated 12,780sqft. This block-long, century-old church of slate and stone is a neighborhood icon in the Temple University area. A fast-changing neighborhood on the outskirts of the territory serviced by the Temple University. The building has beautiful mahogany wood throughout, cathedral and stained glass windows. The multipurpose room is a large space. The lower level of the building was used for a learning center. The building is need of repair, but for the right buyer, this property can be transformed and returned to its former glory. There are multiple offices, classrooms and multipurpose areas. This is an excellent opportunity to buy in the Temple University area. Considered a great site in terms of its location, exposure, and access to employment, education and shopping centers.
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19121 has a population of 1,596,865. Philadelphia 19121 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19121 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19121 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.