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1606 W Loudon Street, Philadelphia, PA 19141
$45,000
1606 W Loudon Street, Philadelphia, PA 19141View this property at 1606 W Loudon Street, Philadelphia, PA 19141
1606 W Loudon StreetPhiladelphiaPA19141
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Property Description
In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. Located in a prime neighborhood, this parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.
Full Property Details
Full Property Details for 1606 W Loudon St
General
- Price: $45,000
- Taxes: $167 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: PAPH2351596
- Updated: 5/18/2024
- Added to Site: 12 day(s) ago
Location
- Area: 19141 (19141)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: gps
School Information
- School District: Philadelphia City
- High School: Germantown
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,120
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 70.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $40.18
- Assessment Year: 2023
- School Tax: $92
- City/TownTax: $75
- City/TownTax Freq: Annually
- Tax w/Assessment: $12,000
- Tax Amount: $167
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: $1000
- Ownership: Fee Simple
- Lot Number: 154
Listed by Meta Realty, LLC, Levent S Ulusal
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Schools
Schools serving 1606 W Loudon St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1700 Lindley Ave, Philadelphia, PA 19141 | K-5 | 0.3 mi | |
6100 Stenton Ave, Philadelphia, PA 19138 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1606 W Loudon St
Date
Details
Price
Change
Source
5/07/2024
Listed
$45,000
248.84%
MLS
5/18/2022
Sold
$12,900
—
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 1606 W Loudon St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$111
-34%
-100%
2023
$168
51%
$12,000
52%
2020
$111
—
$7,900
—
2019
$111
—
$7,900
—
2018
$111
—
$7,900
—
2017
$111
44%
$7,900
44%
2016
$77
4%
$5,500
—
2015
$74
—
$5,500
—
2014
$74
7%
$5,500
681%
2013
$69
—
$704
—
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 1606 W Loudon St
1606 W Loudon Street, Philadelphia, PA 19141 (MLS# PAPH2351596) is a Lots/Land property with a lot size of 0.03 acres. 1606 W Loudon Street is currently listed for $45,000 and was received on May 07, 2024. Want to learn more about 1606 W Loudon 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.