Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.
The income description goes here to explain
List Price | $949,999 |
Property Type | Lots/Land |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 0 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 871400395 |
MLS # | PAPH2383966 |
Property ID | 294906535 |
Lot Sqft | 3,200 |
Zoning | CMX25 |
Days on Market | 176 |
Original List Price | Unknown |
Date Updated | January 24, 2025 |
Date Created | August 07, 2024 |
Ryan J McManus an agent of Keller Williams Realty - Ocean City. Lic #RS316262
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT