1801-3 N HOWARD Street
1801-3 N HOWARD Street Philadelphia, Pennsylvania 19122 United States

$3,950,000
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1801 N Howard Street is an existing structure, roughly 30,000 Sq Ft, and is constructed of Brick with an exterior re escape, internal stair tower and an elevator shaft. The property is currently licensed for 13 residential units and generates...
$3,950,000
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.25 Acres
Exterior
Commercial
Property type
1915
Year Built
PAPH998924
Web Id
PAPH998924
MLS ID
FISHTOWN
Subdivision
24
days ago
Philadelphia City
School District

About 1801-3 N HOWARD Street

1801 N Howard Street is an existing structure, roughly 30,000 Sq Ft, and is constructed of Brick with an exterior re escape, internal stair tower and an elevator shaft. The property is currently licensed for 13 residential units and generates over $220,000 a year in gross rents when fully leased. The current units are large some as big as 6,000 Sq Ft, the zoning in place allows for an increased unit count WITHOUT a variance, and due to the nature of the redevelopment will still qualify for the FULL 10 year tax abatement even after the end of December 2020. The seller has had plans drawn which are ready for zoning permit approval and illustrate the ability to increase unit count. The property has been nominated for a municipal historic designation, and this would allow developers to receive tax credits for the renovation should they desire to put the property on the national historic registry, tax credits can be applied to the new owners tax liabilities year over year or sold on a secondary market. The property also falls within one of Philadelphias Qualied Opportunity Zones. 1801 N Howard is less than one block from the Berks Avenue Station stop on the Market-Frankford Line which runs into Center City and University City. The property is perfectly situated to take advantage of all that Fishtowns resurgence has to offer while presenting developers with a multitude of opportunities to maximize value. The property will be delivered with clean environmental reports, and can be delivered fully leased.

Listing Area: 19122 (19122)

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PROPERTY INFORMATION

Cooling
Central A/C
Heating
Forced Air
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Keller Williams Philly
Kurfiss Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 1801-3 N HOWARD Street, Philadelphia, Pennsylvania 19122 United States is a Commercial with bedrooms, full baths, and partial baths. It is located in Fishtown, Philadelphia, Pennsylvania, and is in the 19122 zip/post code area. This home of was built in 1915 and is on a .25 Acres lot. Kurfiss Sotheby’s International Realty also has property listings in cities near Philadelphia, including Mech, Fairmount Spr and William Penn Annex West. If you would like more information about this home for Sale at 1801-3 N HOWARD Street, Philadelphia, Pennsylvania 19122 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.

Keller Williams Philly

Listing Courtesy of Keller Williams Philly
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