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2540 W Lehigh Avenue, Philadelphia, PA 19132
$65,000
2540 W Lehigh Avenue, Philadelphia, PA 19132View this property at 2540 W Lehigh Avenue, Philadelphia, PA 19132
2540 W Lehigh AvenuePhiladelphiaPA19132
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Property Description
Attention Developers: Prime CMX2 Lot on Lehigh Ave - Perfect for Your Next Project! - Oversized CMX2 lot available for development - Ideal location on the bustling commercial corridor of Lehigh Ave - Zoning permits a 3-story building with 3 units - Ground level designated for commercial use, upper levels for residential units - Generous dimensions of 16' x 100' - Act now - zoning is valid until the end of this year! - Buyer responsible for due diligence and city requirements - Don't miss this incredible opportunity! This rare property offers developers the chance to create a stunning 3-story, mixed-use building in a sought-after location. With its CMX2 zoning, you have the freedom to build a commercial space on the ground level, perfect for attracting thriving businesses, while the upper levels provide the ideal setting for two residential units. Boasting an oversized lot spanning 16' x 100', the possibilities are endless. However, act quickly, as the current zoning approval is valid only until the end of this year. Ensure you conduct your due diligence and fulfill all city requirements, including U&O and/or city certification. Don't let this amazing opportunity slip away - seize it now and unlock the potential of this prime Lehigh Ave property!
Full Property Details
Full Property Details for 2540 W Lehigh Ave
General
- Price: $65,000
- Taxes: $835 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: PAPH2255906
- Updated: 1/8/2024
- Added to Site: 298 day(s) ago
Location
- Area: 19132 (19132)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: On Lehigh Ave
School Information
- School District: The School District Of Philadelphia
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Mixed
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,600
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 100.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $40.62
- Assessment Year: 2023
- School Tax: $458
- City/TownTax: $377
- City/TownTax Freq: Annually
- Tax w/Assessment: $59,700
- Tax Amount: $835
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 190
Listed by KW Empower, Richard K Cassell
Get Pre-Approved Today
Schools
Schools serving 2540 W Lehigh Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2300 W Cambria St, Philadelphia, PA 19132 | K-6 | 0.3 mi | |
3133 Ridge Ave, Philadelphia, PA 19121 | 9-12 | 0.7 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 2540 W Lehigh Ave
Date
Details
Price
Change
Source
10/02/2023
Price Reduced
$65,000
-13.33%
MLS
8/28/2023
Price Reduced
$75,000
-24.24%
MLS
7/10/2023
Listed
$99,000
-62.64%
MLS
8/13/2020
Sold
$265,000
—
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 2540 W Lehigh Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$799
-4%
-100%
2023
$836
5%
$59,700
5%
2020
$799
1%
$57,100
1%
2019
$792
3%
$56,600
3%
2018
$770
16%
$55,000
17%
2017
$661
—
$47,200
—
2016
$661
5%
$47,200
—
2015
$632
—
$47,200
—
2014
$632
52%
$47,200
1009%
2013
$416
—
$4,256
—
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 2540 W Lehigh Ave
2540 W Lehigh Avenue, Philadelphia, PA 19132 (MLS# PAPH2255906) is a Lots/Land property with a lot size of 0.04 acres. 2540 W Lehigh Avenue is currently listed for $65,000 and was received on July 10, 2023. Want to learn more about 2540 W Lehigh Avenue? 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.