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Sold for $570,000
  • $570,000

    2821 W Sedgley 27 Ave, Philadelphia, PA 19121

    --beds
    --baths
    0.25Acres
    Unimproved Land
    Built in ----
    0.25 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    2821 W. Sedgley Avenue is a shovel-ready ground-up development project in Philadelphia's Brewerytown neighborhood. Priced at $19,960 per buildable unit. The offering consists of approximately 11,043 square feet of fully approved RM-1 zoned land. The project comes complete with plans and permits, allowing new owners to construct a 33,332-square-foot multifamily building with 30 units right away. The development will also feature various amenities, including bicycle storage, a secure mail and package room, controlled entrances, a club lounge common area, a study lounge/co-working space, and a rooftop deck with stunning views of Center City's skyline. Moreover, 2821 W. Sedgley Avenue is offered with a full 10-year Tax Abatement, enabling new owners to defer taxes on the newly built improvements for the first ten years. The client recently completed 2820 Diamond St, a 33-unit multifamily building demonstrating momentum in the area. Located in Brewerytown, 2821 W. Sedgley Avenue is positioned to be part of a neighborhood undergoing rapid development and an influx of new residents. It's situated in proximity to local amenities, landmarks, and educational facilities, making it an attractive option for young professionals. Brewerytown is within one mile of the Philadelphia Museum of Art, Temple University, Eastern State Penitentiary, the Schuylkill River Trail, and Fairmount Park. The location also provides easy access to Center City and the surrounding suburbs via Ridge Avenue, Girard Avenue, I-76, I-676, and Route-1.

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Sharrow 215-302-4400,

    Scope Commercial Real Estate Services, Inc.

    Bought with:

    Leighanne Tancredi, RS328923

    United Real Estate

    Source: Bright MLS,MLS#: PAPH2315124MLS Logo

    Facts & features

    Property

    Lot
    • Size: 0.25 Acres
    • Dimensions: 130.00 x 80.00
    Details
    • Parcel number: 885632880
    • Zoning: RM1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Tax assessed value: $237,000
    • Annual tax amount: $3,317
    • Date on market: 1/23/2024
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/20/2024Sold$570,000-4.8%
    Source: Bright MLS #PAPH2315124 Report a problem
    2/13/2024Contingent$599,000
    Source: Bright MLS #PAPH2315124 Report a problem
    1/23/2024Listed for sale$599,000
    Source: Bright MLS #PAPH2315124 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Strawberry Mansion

    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.