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$105,000
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Property Description
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.
Full Property Details
Full Property Details for 1240 N Hollywood St
General
- Price: $105,000
- Taxes: $1,618 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: PAPH2536538
- Updated: 12/17/2025
- Added to Site: 129 day(s) ago
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: BREWERYTOWN
- Driving Directions: On Hollywood
School Information
- School District: Philadelphia City
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories Description: Main
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Sq. Ft.): 700
- Lot Size Source: Estimated
- Lot Dimensions: 14 x 50
- Zoning: RSA5
- Lot Description: Interior
Financial Considerations
- Price Per Sq. Ft.: $150
- School Tax: $906
- County Tax Freq: Annually
- Tax w/Assessment: $115,600
- Tax Amount: $1,618
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: stampled plans
- Lot Number: 99
Listed by KW Empower, Richard K Cassell
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Schools
Schools serving 1240 N Hollywood St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Morris Robert School 2600 West Thompson Street, Philadelphia, PA 19121 | K-8 | 0.3 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 0.5 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 N Hollywood St
Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$105,000
-4.55%
MLS
9/11/2025
Listed
$110,000
57.14%
MLS
10/02/2024
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1240 N Hollywood St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,618
—
$115,600
—
2024
$1,618
28%
$115,600
100%
2021
$1,264
-14%
-100%
2023
$1,474
17%
$105,300
17%
2020
$1,264
3%
$90,300
3%
2019
$1,222
28%
$87,300
28%
2018
$952
—
$68,000
—
2017
$952
—
$68,000
—
2016
$952
105%
$68,000
96%
2015
$465
—
$34,700
—
2014
$465
153%
$34,700
1738%
2013
$184
—
$1,888
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1240 N Hollywood St
1240 N Hollywood Street, Philadelphia, PA 19121 (MLS# PAPH2536538) is a Lots/Land property with a lot size of 0 acres. 1240 N Hollywood Street is currently listed for $105,000 and was received on September 11, 2025. Want to learn more about 1240 N Hollywood Street? Do you have questions about finding other Lots/Land real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

