8 months on rocket

5140-5150LANCASTERAVE Lancaster Ave, Philadelphia, PA, 19131

$1,990,000

0.87 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #PAPH2266866
Lot Size0.87 Acres
StatusActive
(ACTIVE)

About 5140-5150LANCASTERAVE Lancaster Ave

A little under 1 acre of prime vacant land available in the KOZ, ( KEYSTONE OPPORTUNITY ZONE) on Lancaster Ave and 52nd St. in West Philly and has both commercial, CMX2, as well as multi – family, RM1 zoning. Self storage building next door recently sold for over $9 million in 2018. The parcel 5140-5150 Lancaster Ave has 114’ frontage on Lancaster Ave. and 5143-5155 Warren Ave has 187’frontage and a depth of 256' with entrance/exit from both. Property is centrally located with great public transportation at the front door, and access to major interstate highways. This parcel offers a perfect opportunity for creative development. Tax parcels included in the sale are,774219000, 774220000, 885630740, 85497580, 885497780, 774322000, 885496980, 885631360.

Property Details

Property Features

Listing Office:

  • Office Name: BHHS Fox & Roach-Haverford
  • Office Phone: (610) 649-4500
  • Listing Agent: Michael J Byrne

Lot Features

Lot Information:

  • Lot Size: 0.87 Acres

School Info

Assigned Schools Information:

  • West Philadelphia High School, Public District Grades 9-12
  • Middle Years Alternative School for the Humanities MYA, Public District Grades 5-8
  • Samuel Powel Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

5140-5150LANCASTERAVE Lancaster Ave vs Philadelphia

266 DAYS ON ROCKET

+216 Days

$1,990,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more 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: #PAPH2266866

Listing Office:

  • Office Name: BHHS Fox & Roach-Haverford
  • Office Phone: (610) 649-4500
  • Listing Agent: Michael J Byrne

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 4:55:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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

school-card-donut-6829434
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.37 miles

  • Public District Grades KG-4

Middle School

school-card-donut-6829435
6
/10
  • Middle Years Alternative School for the Humanities MYA

  • 4725 Fairmont Ave

  • 1.52 miles

  • Public District Grades 5-8

High School

school-card-donut-6829436
3
/10
  • West Philadelphia High School

  • 4901 Chestnut St

  • 1.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,758. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5140-5150LANCASTERAVE Lancaster Ave

What is the listing price of this property?

The listing price of 5140-5150LANCASTERAVE Lancaster Ave property is $1,990,000.

What type of property is this?

The property 5140-5150LANCASTERAVE Lancaster Ave is land located in Philadelphia, Pennsylvania, 19131.

Is this property for sale now?

Active Listing: 5140-5150LANCASTERAVE Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5140-5150LANCASTERAVE Lancaster Ave are:
Samuel Powel Elementary School: GreatSchools Rating 5/10
Middle Years Alternative School for the Humanities MYA: GreatSchools Rating 6/10
West Philadelphia High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 5140-5150LANCASTERAVE Lancaster Ave is 0.87 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191315140-5150LANCASTERAVE Lancaster Ave

This home is located at 5140-5150LANCASTERAVE Lancaster Ave in Philadelphia, PA and zip code 19131 in the University City neighborhood. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since August 13, 2023 and is currently priced at $1,990,000.

Over 242 listings were sold over their listed price in April 2024 in Philadelphia, PA. In the same period over 502 listings were sold below the listed price and 216 listings were sold for the listed price. 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.

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