1950 E LOGAN ST, Philadelphia, PA 19141
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1950 E LOGAN ST, Philadelphia, PA 19141
1950 E LOGAN ST, Philadelphia, PA 19141
1950 E LOGAN ST, Philadelphia, PA 19141
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Rick Sanderson Jr

Rick Sanderson Jr

+1(856) 905-0830
Listed by Larry Levin • Realty Mark Associates
$ 1,300,000
Est. payment /mo
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Price Dropped by $500K

1950 E LOGAN ST Philadelphia, PA 19141

2.29 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2604998

Year Built 1950

Annual Tax Amount $10,100

Tax Year 2024

Lot Size 2.290 Acres

Acres 2.29

Lot Dimensions 345.00 x 217.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Fantastic development opportunity on the edge of the rapidly improving LaSalle U and Germantown neighborhoods. Approved for 111 apartments with off street parking, this site represents an opportunity to establish a stable and predictable cash flowing asset for years to come in an area poised for substantial growth. Unit mix consists of 71 one bedroom apts, 39 two bedroom apts, 1 three bedroom apt. Total finished square footage to be 85,384sf. A local contraction company currently rents a portion of the site for about $3200 a month which can continue after purchase. Call for details or site tour.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RM1

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 42.0

Water Access N

Accessibility Other

Total Parking Spaces 42

Garage N

Building

Lot Description Corner, Open, Rear Yard, Unrestricted

Sewer Public Sewer

Water None

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884074550

Ownership Fee Simple

Acceptable Financing Cash, Other, Negotiable, Conventional, Installment Sale, Seller Financing

Listing Terms Cash, Other, Negotiable, Conventional, Installment Sale, Seller Financing

Financing Cash,Other,Negotiable,Conventional,Installment Sale,Seller Financing

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Rick Sanderson Jr

Rick Sanderson Jr

Agent License ID: 0790603

+1(856) 905-0830

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1950 E LOGAN ST

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