$525,000

2200 N HOPE STREET, PHILADELPHIA, PA 19133, US

Summary

Year Built: 1920

Moving Quotes

primary photo for 2200 N HOPE STREET, PHILADELPHIA, PA 19133, US

Remarks

Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32’ deep structure, used as single family.
Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then you’d have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then you’d be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible.
Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16’ wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.

Details

MLS#: PAPH2385586
Price: $525,000

Year Built: 1920

County: PHILADELPHIA
Tax Fee: 1944.0

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Broker Contact


EXP Realty, LLC
Agent Owned Cloud Brokerage
630 Freedom Business Ctr DRIVE 300
King of Prussia, PA, 19406
US
Jennifer Botchway
! 888-397-7352
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-10-28T21:10:11.000-04:00.
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