Mixed-Use Land for Sale in Philadelphia, Pennsylvania

2200 N Hope St Philadelphia, PA 19133

Images
Map
Street
1 / 3
$525,000
0.09 acres
Active sale$44k dropEst $3,970/mo

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.

Location

Street Address
2200 N Hope St
Community
Philadelphia
School District
The School District of Philadelphia
Elevation
36 feet
Coordinates
39.9834, -75.1332

Property details

MLS Number
TREND PAPH2385590
Date Posted

Property taxes

Recent
$1,944

This 0.09-acre property is located at 2200 N Hope St in Philadelphia, PA 19133 with latitude 39.9834 and longitude -75.1332. The property is currently available for sale for $525,000 with a price per acre of $5,833,333. Listing data is sourced from Bright MLS # PAPH2385590.

Verify sale details at the property source or contact eXp Realty at (888) 397-7352.

Report listing issue

Copyright (C) 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.
Contact agent