Philadelphia, PA 19121 1240 N Hollywood Street
$105,000



4 more




Presented By: KW Empower
Home Details
Unlock an exceptional investment opportunity with a projected profit of approximately $100,000 in the heart of Brewerytown. New construction is peppered all throughout the emitted area and the block. With construction costs estimated around $275k and a projected After Repair Value (ARV) of $525k-$535k, this prime land parcel offers a clear path to substantial returns. Spanning a generous lot size, this interior location provides a blank canvas for developers and investors looking to capitalize on this established neighborhood.
Brewerytown is renowned for its rich history and rapid revitalization, making it a hotspot for residential and commercial development. The area boasts a unique blend of urban charm and modern amenities, ensuring strong demand for new construction. With the potential for high rental yields and appreciation, this lot is strategically positioned to attract discerning tenants and buyers alike. The interior lot features provide a tranquil setting, while still being just moments away from the bustling streets filled with trendy cafes, artisanal shops, and cultural attractions.
With Brewerytown's ongoing transformation and increasing property values, this land offers not just a place to build, but a foundation for significant growth. Seize this opportunity to be part of a thriving community and watch your investment flourish in one of Philadelphia's most exciting neighborhoods.
Presented By: KW Empower
General for 1240 N Hollywood Street
Acceptable FinancingJoint Venture, Conventional, Cash
Additional Parcels Y/NNo
Association Recreation FeeN
CityPHILADELPHIA
Condo/Coop Association fee Y/NNo
CountyPHILADELPHIA
Current UseResidential
DirectionsOn Hollywood
HOANo
Lot Size Square Feet700.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
MunicipalityPHILADELPHIA
OwnershipFee Simple
Possession0-30 Days CD
Possible UseResidential
Price Per Sq Ft Total AG150.0
Property SubtypeLand
Property TypeLand
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameBREWERYTOWN
Tax Annual Amount1618.0
Tax Assessed Value115600.0
Tax Lot99
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningRSA5
Exterior for 1240 N Hollywood Street
Inclusionsstampled plans
Land Use CodeO30
Lot Dimensions14x50
Lot FeaturesInterior
Lot Size Acres0.00
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Number of Lots1
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History