CHARIS REALTY GROUP

1301 W CUMBERLAND STREET

PHILADELPHIA, PA 19132

MLS#: PAPH2678886

$1,300,000

Status: Active
Listing number: PAPH2678886
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

16,248

1301 W Cumberland Street is a 16,248 SF corner building on a 5,739 SF lot in North Philadelphia, delivered in shell condition and ready for a developer's vision. A use permit for 24 apartments was issued in 2021, giving a buyer a defined path to a multifamily project. The shell condition is an advantage: there are no existing finishes to demolish and no tenants to work around. The corner position provides two street frontages, bringing light and air to multiple sides of the building and flexibility in unit layouts and entrances. At roughly 677 gross SF per permitted unit, the building suits an efficient mix of apartments. The property sits one block off North Broad Street, close to the Broad Street Line and Temple University, in a part of the city with steady rental demand and continued investment. Property highlights 16,248 SF building in shell condition 5,739 SF corner lot with two street frontages Use permit issued in 2021 for 24 apartments Zoned I-2 Close to North Broad Street, public transit, and Temple University

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Lot Size(square feet)

    5,739

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $1,300,000

  • Tax Amount

    $6,822

  • Sq. Footage

    16,248

  • Price/SqFt

    $80

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    93

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Joshua M. Pagan, Keller Williams Main Line

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Agent Michele Barkman

Salesperson, Realtor

Michele Barkman

Call Michele today to schedule a private showing.

(814) 285-6250

michelebarkman@charisrealty.com


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1301 W Cumberland Street is a 16,248 SF corner building on a 5,739 SF lot in North Philadelphia, delivered in shell condition and ready for a developer's vision. A use permit for 24 apartments was issued in 2021, giving a buyer a defined path to a multifamily project. The shell condition is an advantage: there are no existing finishes to demolish and no tenants to work around. The corner position provides two street frontages, bringing light and air to multiple sides of the building and flexibility in unit layouts and entrances. At roughly 677 gross SF per permitted unit, the building suits an efficient mix of apartments. The property sits one block off North Broad Street, close to the Broad Street Line and Temple University, in a part of the city with steady rental demand and continued investment. Property highlights 16,248 SF building in shell condition 5,739 SF corner lot with two street frontages Use permit issued in 2021 for 24 apartments Zoned I-2 Close to North Broad Street, public transit, and Temple University

1301 W CUMBERLAND STREET

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