Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.07 acres
Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Land
Price
-
Sales Price
$949,999
-
Tax Amount
7138.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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TheresaKehler
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