248 N Lawrence Street Philadelphia, PA $ 595,000
248 N Lawrence Street
$ 595,000
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248 N Lawrence Street

Philadelphia, PA, 19106
$ 595,000
Baths0.0

Monthly Estimate*

$ 4,156

248 N Lawrence Street, Philadelphia, PA 19106 - Image 1
248 N Lawrence Street, Philadelphia, PA 19106 - Image 2
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248 N Lawrence Street, Philadelphia, PA 19106 - Image 6
Studio

Lots and Land for sale in Philadelphia, PA

for $595,000. The lot size is 0.04.

**Prime Opportunity in Old City - 248 N Lawrence St** Attention builders and visionaries, a remarkable chance awaits at 248 N Lawrence St in Old City. With 7655 sqft of space, this building holds the potential to rise 6 stories, with one unit per floor. The rear reveals stunning panoramic views of Franklin Square, a promising canvas for premium rentals or lucrative condo sales. This property is being sold as is Seller will not agree to zoning variances. **Features:** - 17.5x87.5 dimensions, 1487 sqft area - CMX3 zoning, build u and allows for mid term rentals - Adjacent to Ben Franklin Bridge approach, a strategic location - Property backed by DRPA-owned recreational land - Achievement of 6 stories demands a 2nd egress execution that buyer is responsible for Unveil the possibilities of this remarkable property. Take advantage of its incredible potential and transform 248 N Lawrence St into a towering success in the heart of Old City.

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Lots and Land Contingent

Price

$ 595,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,388

Style

Vacant

Lot Size

0.04

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2040538

Features
General
Sewer Private Sewer
Possession Settlement
Zoning CMX3
Property SubType Land
Tax Year 2023
Current Use Vacant
Percent Ownership Fee Simple
Municipality PHILADELPHIA
County PHILADELPHIA
Property Type Land
HOA / Comm Assn N
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions On N Lawrence St.
City PHILADELPHIA
Buyer Agent Compensation 2
MLS Area 19106 (19106)
Lot Size Square Feet 1531.00
Waterfront Y/N N
Street Name LAWRENCE
Tax Annual Amount 7388.0
Clean Green Assessed Y/N N
Price Per Sq Ft 388.63
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 884
Standard Status Active Under Contract
Tax Lot 229
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Water View Y/N N
Lot Dimensions 17.50 x 87.50
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Interior
Street Suffix STREET
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Internal Only
Street Number 1 248
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* Excluded Features
List By
Kw Empower

Broker

rcassell@kw.com

Email

Affordability Calculator

$4,772
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$616
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2024$595,000 -25.53% Price Down
8/25/2023$799,000 -11.12% Price Down
3/11/2023$899,000 -7.79% Price Down
10/27/2021$975,000 Listed Price

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248 N Lawrence Street, Philadelphia, PA, 19106 is a Lots and Land for sale at $595,000 with a lot size of 0.04. 248 N Lawrence Street is a studio with 0.0 baths. The property's zip code is 19106 which is in Philadelphia, PA