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  • $2,600,000
  • 4 bd,
  • 3 full ba,
  • 2,040 sqft
  • 0.11 lot
  • Est payment $13957.36/mo

2337-41 PENNSYLVANIA AVE, Philadelphia, PA 19130

252048848 39.965168 -75.17678 230 /listing/252048848-150240714/2337-41-pennsylvania-ave-philadelphia-pa-19130 False 0 2600000.0 2040 104 4 3 PAPH838526 False

Property & Neighborhood Info

Courtesy Of BHHS Fox & Roach-Center City Walnut

Condo/Townhome in PHILADELPHIA

On behalf of ownership, pleased to present this unrivaled development opportunity with unobstructed, front facing views of both the Museum of Arts and the Rocky statue. A 4798sqft site, currently subdivided into (3) parcels (2337-2339-2341 Penn Ave) holding an rsa5 distinction. With ample development scenarios in play, 2341 Penn Ave presently seats a 2040sqft single family/office structure that is deemed historic, albeit non contributing, so it may be renovated, taken down to allow for new construction or rezoned multifamily. (3) 3100sqft+ homes may be constructed by right, with the possibility in receiving a variance for an additional single family or converted to a multifamily designation (buyer responsible for approvals along with all due diligence). This opportunity is anchored by neighboring Green Street Estates that sold out in a 10 month span (estimated $1,600,000-$2,400,000 outsale per home). Expected outsale for this Pennsylvania Ave assemblage once constructed: $1,900,000-$2,100,000 per home. Anticipated ROI; 14-17%. There may never be another opportunity to build 3 contiguous, new construction homes in this vicinity again!

Courtesy Of BHHS Fox & Roach-Center City Walnut
  1. 4 Beds
  2. 3 Full Bath
  3. 2,040 Sq. Ft.
  4. 0.11 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1975
  • Floors: 2
  • Full Bath: 3
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA
  • Taxes: $5,038.00
  • Tax Year: 2020
  • Subdivision: Fairmount
  • MLS Number:PAPH838526

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • None
  • Cooling Fuel:
    • None
  • New Construction:
    • No
  • Water Source:
    • Public
  • Waterfront:
    • No
  • Heating:
    • Other
  • Heating Fuel:
    • Natural Gas Available
  • Sewer:
    • Public Sewer
  • Accessibility Features:
    • 36"+ wide Halls
  • Water Access:
    • No
  • List Type (Exclusive):
    • Exclusive Agency
  • Rental Features:
    • No
  • Assessment Year:
    • 2020
  • Fireplaces Total:
    • 0
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Immediate
  • Price Per SQFT:
    • 1274.51
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Dennis McGuinn, Realtor- Broker
Dennis McGuinn, Realtor- Broker
Realtor/Broker/Consultant
466 Germantown Ave 1st Floor Lafayette Hill PA 19444
39.965168 -75.17678

2337-41 PENNSYLVANIA AVE Philadelphia, PA 19130

252048848 39.965168 -75.17678 230 /listing/252048848-150240714/2337-41-pennsylvania-ave-philadelphia-pa-19130 False 0 2600000.0 2040 104 4 3 PAPH838526 False
  • $2,600,000
  • 4 bd
  • 3 full ba
  • 2,040 sqft
  • 0.11 lot
  • Est payment $13957.36/mo