1801-3 N Howard St, Philadelphia, PA, 19122

1801-3 N Howard St, Philadelphia, PA, 19122 < >
for sale
$3,950,000
Square Feet:30000
Lot Size:0.25 Acres
Year Built:1915
Status:Active
MLS #:PAPH998924
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
1801 N Howard Street is an existing structure, roughly 30,000 Sq Ft, and is constructed of Brick with an exterior ?re escape, internal stair tower and an elevator shaft. The property is currently licensed for 13 residential units and generates over $220,000 a year in gross rents when fully leased. The current units are large some as big as 6,000 Sq Ft, the zoning in place allows for an increased unit count WITHOUT a variance, and due to the nature of the redevelopment will still qualify for the FULL 10 year tax abatement even after the end of December 2020. The seller has had plans drawn which are ready for zoning permit approval and illustrate the ability to increase unit count. The property has been nominated for a municipal historic designation, and this would allow developers to receive tax credits for the renovation should they desire to put the property on the national historic registry, tax credits can be applied to the new owners tax liabilities year over year or sold on a secondary market. The property also falls within one of Philadelphia’s Quali?ed Opportunity Zones. 1801 N Howard is less than one block from the Berks Avenue Station stop on the Market-Frankford Line which runs into Center City and University City. The property is perfectly situated to take advantage of all that Fishtown’s resurgence has to offer while presenting developers with a multitude of opportunities to maximize value. The property will be delivered with clean environmental reports, and can be delivered fully leased.
Interior Details
Building Total SQFT: 30000.00

Exterior Details
Lot Size Acres: 0.25Lot Size Dimensions: 100.00 x 110.00
Lot SQFT: 11000.00

Community Information
County: PHILADELPHIASubdivision Name: FISHTOWN
Zoning: IRMX

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Apartment Building
DOM: 1MLS Area: 19122 (19122)
New Construction YN: NProperty Sub Type: Other
Year Built: 1915

Utilities
Cooling Type: Central A/CHeating Type: Forced Air
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Stephen D Stafford
List Office Name: Keller Williams Philly

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Monthly Payment for 1801-3 N Howard St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$3,950,000
Down Payment:
Loan Amount:$3,160,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Stephen D Stafford, Keller Williams Philly

Information obtained from Bright MLS is current as of 4/14/2021 12:22 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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