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Sold for $547,500
  • $547,500

    248 N Lawrence St, Philadelphia, PA 19106

    --beds
    --baths
    1,531Square Feet
    Unimproved Land
    Built in ----
    1,531 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,493 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,493/mo

    Zestimate® history
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    What's special

    **Prime Opportunity in Old City - 248 N Lawrence St** Attention builders and visionaries, a remarkable chance awaits at 248 N Lawrence St in Old City. With 7655 sqft of space, this building holds the potential to rise 6 stories, with one unit per floor. The rear reveals stunning panoramic views of Franklin Square, a promising canvas for premium rentals or lucrative condo sales. This property is being sold as is Seller will not agree to zoning variances. **Features:** - 17.5x87.5 dimensions, 1487 sqft area - CMX3 zoning, build u and allows for mid term rentals - Adjacent to Ben Franklin Bridge approach, a strategic location - Property backed by DRPA-owned recreational land - Achievement of 6 stories demands a 2nd egress execution that buyer is responsible for Unveil the possibilities of this remarkable property. Take advantage of its incredible potential and transform 248 N Lawrence St into a towering success in the heart of Old City.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rich Cassell 267-813-2985,

    KW Empower

    Bought with:

    Oriel Zach, RS325942

    KW Empower

    Source: Bright MLS,MLS#: PAPH2040538MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1,531 sqft
    • Dimensions: 17.50 x 87.50
    Details
    • Parcel number: 885024800
    • Zoning: CMX3
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/22/2024Sold$547,500-8%
    Source: Bright MLS #PAPH2040538 Report a problem
    3/28/2024Contingent$595,000
    Source: Bright MLS #PAPH2040538 Report a problem
    1/22/2024Price change$595,000-25.5%
    Source: Bright MLS #PAPH2040538 Report a problem
    8/25/2023Price change$799,000-11.1%
    Source: Bright MLS #PAPH2040538 Report a problem
    3/11/2023Price change$899,000-7.8%
    Source: Bright MLS #PAPH2040538 Report a problem
    10/27/2021Listed for sale$975,000-2.5%
    Source: Bright MLS #PAPH2040538 Report a problem
    9/1/2020Listing removed$1,000,000
    Source: Target Realty #PAPH910032 Report a problem
    6/30/2020Listed for sale$1,000,000
    Source: Target Realty #PAPH910032 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Old City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.