PRICE REDUCTION! Introducing an extraordinary opportunity in the up-and-coming neighborhood of Philadelphia! This vacant lot, located at 1531 N 22nd St, offers immense potential for the future owner to generate substantial equity and long-term cash flow. Situated in a neighborhood on the rise, this lot presents a prime investment prospect. With a frontage of 16.00 feet and a depth of 57.00 feet, encompassing 912 square feet or 0.0209 acres, this rectangular-shaped lot provides a solid foundation for a variety of development possibilities. The level topography and CMX2 zoning further enhance the appeal of this property. CMX2 zoning allows for a diverse range of uses, including residential, commercial, and mixed-use development(Do your own diligence), making it ideal for creative entrepreneurs and investors seeking to capitalize on the evolving demands of the area. This lot's location within an upcoming neighborhood ensures that the future owner will be poised to benefit from the rapid growth and revitalization taking place. As the area continues to flourish, property values are expected to appreciate, resulting in increased equity over time. Moreover, with careful planning and thoughtful execution, the future owner can tap into the lucrative potential of rental income or future sales. The high demand for housing and commercial space in Philadelphia makes this lot an excellent opportunity to generate a consistent cash flow stream, adding to its long-term value. Don't miss out on the chance to secure a valuable asset in an up-and-coming Philadelphia neighborhood. With its attractive characteristics, including its rectangular shape, level topography, and CMX2 zoning, this vacant lot holds tremendous potential for the astute investor looking to build equity and generate cash flow over the years. Contact us today to explore this exciting opportunity further and take a step toward a prosperous future in Philadelphia's thriving real estate market.
Property Details
Property Features
Listing Office:
Office Name: Rehobot Real Estate, LLC
Office Phone: (215) 716-7173
Listing Agent: Sergio Giraldo
Lot Features
Lot Information:
Lot Size: 0.02 Acres
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
General George G. Meade School, Public District Grades KG-8
Other
Directions Information:
Directions: On 22Nd St, between Bolton St & Oxford St.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $78,700
Tax Information:
Annual Amount: $62
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $180.1K less than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2248272
Listing Office:
Office Name: Rehobot Real Estate, LLC
Office Phone: (215) 716-7173
Listing Agent: Sergio Giraldo
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
General George G. Meade School
1600 N 18th St
Distance between this listing and this school0.35 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.14 miles
Public District Grades 9-12
Assigned Schools
3
/10
General George G. Meade School
1600 N 18th St
Distance between this listing and this school0.35 miles
Public District Grades KG-8
Nearby Schools
3
/10
Young Scholars Charter School at Frederick Douglass
2118 West Norris St
Distance between this listing and this school0.43 miles
Public Charter Grades KG-8
2
/10
Robert Morris School
2600 W Thompson St
Distance between this listing and this school0.46 miles
Public District Grades KG-8
Nearby Schools
3
/10
Alliance For Progress Charter School
182139 Cecil B Moore Ave
Distance between this listing and this school0.32 miles
Public Charter Grades KG-8
3
/10
People For People Charter School
800 N Broad St
Distance between this listing and this school0.91 miles
Public Charter Grades KG-8
4
/10
Young Scholars Charter School
900 N Marshall St
Distance between this listing and this school1.43 miles
Public Charter Grades 5-8
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.14 miles
Public District Grades 9-12
Nearby Schools
8
/10
Carver High School
1600 W Norris St
Distance between this listing and this school0.63 miles
Public District Grades 9-12
2
/10
Philadelphia Military Academy At Elverson
21182160 North 13th St
Distance between this listing and this school1.02 miles
The neighbors living near this home have an average income of $13,314. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1531 N 22nd St
What is the listing price of this property?
The listing price of 1531 N 22nd St property is $78,700.
What type of property is this?
The property 1531 N 22nd St is land located in Philadelphia, Pennsylvania, 19121.
Is this property for sale now?
Active Listing: 1531 N 22nd St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1531 N 22nd St are: General George G. Meade School: GreatSchools Rating 3/10Benjamin Franklin High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $62 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 3, 2018 for $400,000. (source: MLS/tax record).
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This home is located at 1531 N 22nd St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This home sits on a 0.02 acre lot. It has been listed on Rocket Homes since June 19, 2023 and is currently priced at $78,700.
Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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