Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
Philadelphia, PA 19130,1421 & 1423-25 POPLAR ST
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$ 1,400,000
Est. payment | /mo

13,530 SqFt


$ 1,400,000
Est. payment | /mo

13,530 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 13,530 sqft

Price per Sqft $103

Subdivision Francisville

MLS Listing ID PAPH2281136

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $11,506

Tax Year 2024

Lot Size 8,725 Sqft

Acres 0.2

Lot Dimensions 62.00 x 122.00

Property Description

**BY RIGHT OPPORTUNITY 22 UNITS OVER THE COUNTER** Seize the opportunity to acquire a high-potential development project in the burgeoning Francisville/Fairmount neighborhood, known for its vibrant new construction and growth. The property at 1421-25 W Poplar St offers approximately 13,530 sq. ft. and was previously operated as a rooming hotel with 31 active rooming licenses. Following a fire in March 2023, the hotel is no longer operational.

Sitting on an 8,725 sq. ft. lot with RM-1 zoning, this property provides flexibility for renovation or redevelopment. By right, you can build up to 22 residential units, making it an ideal candidate for a profitable new development project.

Conveniently located just minutes from the Girard Ave Broad St Line Subway stop, which connects you to Center City within 10 minutes, and even closer to the MET, this location boasts excellent accessibility. The area features a Walk Score of 88, Transit Score of 81, and Bike Score of 82, highlighting its excellent connectivity and bike-friendliness. Nearby parks include Francisville Playground, Franklintown Park, and the Edgar Allan Poe National Historic Site.

Don’t miss this chance to invest in a prime development site with substantial potential for generating cash flow.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Ceiling Fan(s), Wall Unit

Flooring Carpet, Ceramic Tile

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

View City, Street

Roof Type Unknown

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Brick/Mortar, Block, Other

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 883782000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME

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1421 & 1423-25 POPLAR ST