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N Hope St, Philadelphia, Plot For Sale

2200-12 N Hope St Philadelphia, PA
Price:
$525,000
Address:
2200-12 N Hope St
City:
Philadelphia
State:
PA

Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32 deep structure, used as single family. Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then youd have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then youd be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible.

Extra Information for 2200-12 N Hope St Philadelphia, PA
  • Seller Type: 
  • Category: Land for Sale
  • Listed Date: Nov 01, 2024
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