2200-12 N Hope St
West Kensington, Philadelphia, PA 19133
$525,000
Description
2200-12 N Hope St,
Philadelphia,
PA
19133
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.Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16 wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.
Listing By: EXP Realty LLC via Data Source: Bright MLS
2758921-PAPH2385590
MLS ID
Price HistoryView all +
date | price | variance | type |
---|
10/29/2024 | $525,000 | 7.73 % | decreased |
10/10/2024 | $569,000 | 11.78 % | decreased |
9/19/2024 | $645,000 | - | - |
9/19/2024 | $645,000 | 5.84 % | decreased |
9/2/2024 | $685,000 | 14.37 % | decreased |
8/12/2024 | $799,999 | - | Listed |
listing agent: Luis Luciano