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842 Hoffman Pl, Philadelphia, PA, 19123
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36
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for sale
$899,900
Bedrooms:
2
Bathrooms:
2
Square Feet:
1224
Lot Size:
0.09 Acres
Year Built:
1960
Status:
Active
MLS #:
PAPH2205110
Date Updated:
3/27/2023
For information contact:
MGC Real Estate Group
215-928-0221
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This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.
Interior Details
Above Grade Fin SQFT
: 1224
Architectural Style
: Other
Basement Type
: Fully Finished
Bathrooms Full
: 2
Below Grade Fin SQFT
: 0
Below Grade Finished Area Units
: Square Feet
Fireplaces Count
: 0
Flooring Type
: Hardwood
Levels Count
: 2
Exterior Details
Water Access YN
: N
Waterfront YN
: N
Water Oriented YN
: N
Navigable Water YN
: N
Lot Size Acres
: 0.09
Lot SQFT
: 4000.00
Community Information
HOA YN
: N
Senior Community YN
: N
Zoning
: RSA-5
MLS Area
: 19123 (19123)
County
: PHILADELPHIA
Municipality
: PHILADELPHIA
Subdivision Name
: NORTHERN LIBERTIES
School Details
School District Name
: THE SCHOOL DISTRICT OF PHILADELPHIA
Property Information From MLS Data
Accessibility Features
: Doors - Swing In
Story List
: Lower 1, Main, Upper 1
Year Built
: 1960
New Construction YN
: N
DOM
: 2
Financial Information
Tax Annual Amount
: 1532.0
Tax Year
: 2023
Sale Type
: Standard
Utilities
Sewer Septic
: Public Septic
Water Source
: Public
Cooling Type
: Central A/C
Cooling Fuel
: Natural Gas
Heating Type
: Forced Air
Heating Fuel
: Natural Gas
Hot Water
: Natural Gas
Listing Information Courtesy of:
List Office Phone
: 2676073551
List Agent Full Name
: Julian V Hinson
Walk Score® for 842 Hoffman Pl
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Monthly Payment for 842 Hoffman Pl
This is an
estimated
monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:
$899,900
Down Payment:
Loan Amount:
$719,920
Loan Type:
30 year fixed at
%
Principal & Interest:
Property Taxes:
(
1.5
%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Julian V Hinson, MGC Real Estate Group
Information obtained from Bright MLS is current as of 3/27/2023 12:07 PM.
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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Status Explained
Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.
Status
Meaning
Active
Available for purchase
Active with Contract
Backup
Contingent
Cont
Continue to Show
Pending
Under Deposit
Under Contract
Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer.
Contact an agent to discuss making an offer.
Back On Market
Available. The listing was previously unavailable
Cancelled
Closed
Sold
Expired
Off Market
Withdrawn
No longer available.
New
Available, recently listed
Price Raised
Reduced
Changed
Available and has recently had a price change
Short
Short Sale
Available but requires a bank approval for any offer
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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20 N 3rd Street, Unit 302
Philadelphia, PA 19106
215-928-0221
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