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2209 W Venango Street

PHILADELPHIA, PA 19140
  • $2,125,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: PAPH2297634
Price Reduced
$2,125,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2024
County:

School Information

Elementary School:
Middle School:
High School:

Description

2209 West Venango Street is a new construction multifamily investment situated in the Nicetown-Tioga neighborhood of Philadelphia.The property consists of 12 residential units and features (2) studio apartments, (4) one-bedroom apartments, and (6) two-bedroom apartments. Additionally, select units offer a den room that residents will be able to enjoy. 2209 W Venango Street is being offered with a 10-year tax abatement, subsequent to its building, and, the offering will be delivered with the Certificate of Occupancy in place.The property's location provides convenient access to major transportation routes including West Hunting Park Avenue, North Broad Street, and Roosevelt Boulevard. Additionally, the property is located less than half of a mile away from SEPTA Allegheny station, offering residents accessible transportation to Center City and the amenity-rich neighborhood of Manayunk.Situated just a mile from Temple Hospital, 2209 Venango Street offers a convenient location for employees. Moreover, Budd Bioworks, positioned along West Hunting Park Ave, is set to undergo a 30-acre institutionalized revitalization, which is expected to attract a growing influx of graduate students and young professionals. Additionally, within a short distance, one can find two renowned medical colleges, including the Temple University Katz School of Medicine.- New Construction Multifamily | 12 Units in Nicetown-Tioga- Healthy Unit Mixes | Studio, One, and Two-Bedroom Layouts- Tax Incentive | Ten Year Tax Abatement- Exceptional Basis & Replacement Value | Asking Price Per Square Foot is Well Below Replacement Cost- Arterial Access | Close Proximity to West Hunting Park Ave and North Broad Street- Eds and Meds | Located Close to Temple Hospital and Lewis Katz School of Medicine at Temple University- Life Science Campus Underway | Budd Bioworks will feature 30 Acres of Clinical and Commercial Spaces

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. 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. Data last updated: 2024-02-25T23:52:37.627.
www.searchalldelawarerealestate.com/homes/145280050
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2209 W Venango Street PHILADELPHIA, PA 19140

  • Price: $2,125,000
  • Status: Active
  • On Site: 102 Days
  • ID#: PAPH2297634
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2024
Built
Neighborhood:
19140 (19140)
County:
Philadelphia
Area:
19140 (19140)
Elementary School:
Grover Cleveland School
Middle School:
Grover Cleveland School
High School:
Simon Gratz
School District:
The School District Of Philadelphia
Property Description
2209 West Venango Street is a new construction multifamily investment situated in the Nicetown-Tioga neighborhood of Philadelphia.The property consists of 12 residential units and features (2) studio apartments, (4) one-bedroom apartments, and (6) two-bedroom apartments. Additionally, select units offer a den room that residents will be able to enjoy. 2209 W Venango Street is being offered with a 10-year tax abatement, subsequent to its building, and, the offering will be delivered with the Certificate of Occupancy in place.The property's location provides convenient access to major transportation routes including West Hunting Park Avenue, North Broad Street, and Roosevelt Boulevard. Additionally, the property is located less than half of a mile away from SEPTA Allegheny station, offering residents accessible transportation to Center City and the amenity-rich neighborhood of Manayunk.Situated just a mile from Temple Hospital, 2209 Venango Street offers a convenient location for employees. Moreover, Budd Bioworks, positioned along West Hunting Park Ave, is set to undergo a 30-acre institutionalized revitalization, which is expected to attract a growing influx of graduate students and young professionals. Additionally, within a short distance, one can find two renowned medical colleges, including the Temple University Katz School of Medicine.- New Construction Multifamily | 12 Units in Nicetown-Tioga- Healthy Unit Mixes | Studio, One, and Two-Bedroom Layouts- Tax Incentive | Ten Year Tax Abatement- Exceptional Basis & Replacement Value | Asking Price Per Square Foot is Well Below Replacement Cost- Arterial Access | Close Proximity to West Hunting Park Ave and North Broad Street- Eds and Meds | Located Close to Temple Hospital and Lewis Katz School of Medicine at Temple University- Life Science Campus Underway | Budd Bioworks will feature 30 Acres of Clinical and Commercial Spaces
Exterior Features

Construction Materials Advanced FramingBrick FrontCombinationConcrete Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 12911.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 12911.00

Property Features

Acceptable Financing Negotiable Accessibility Features Ramp - Main LevelMobility Improvements Assessment Year 2023 Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Total 12 Original MLSNumber 802733439192 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1101.00 Tax Assessment Amount 78700.00 Tax Lot 32 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Scope Commercial Real Estate Services, Inc.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. 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. Data last updated: 2024-02-25T23:52:37.627.
 
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