$1,485,000

4620 Umbria St

PHILADELPHIA PA, 19127

Description

New multifamily development opportunity in bustling Manayunk submarket of Philadelphia, PA. Build 30 apartments by right. A new construction building should feature a mixture of 1+2 bedroom apartments spread over 6 floors. The total building size should be around 36,000 SF. Upper floors and the roof terrace should have water views, as the site is set back from the Manayunk Canal towpath and the Schuylkill River trail. Explore Main Street Manayunk, one of the area's most popular destinations for dining, shopping and entertainment. Septa subway regional rail line located just a few blocks away. Easy access into downtown Philly via Kelly Drive or 76, plus suburban employment centers Bala Cynwyd, King of Prussia, Plymouth Meeting + more. This is an ideal location to develop a boutique apartment building for the young professional demographic, with the ultimate convenience in location and access to amenities. MAKE YOUR MOVE.

Details

MLS#PAPH935466
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2021
Days On Site14

Features

SQ Feet36,000
Units27
ZoningCMX2
Loading Form
Loading Form
Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19127
Area19127 (19127)
Listing VS Median (in 19127)
Price:
$1,485,000
low | high
Med:
$295,000
100% of Average
SqFt:
36,000
low | high
Med:
1,640
100% of Average
$ / SqFt:
$41
low | high
Med:
$180
100% of Average
On Site:
14
low | high
Med:
28
50% of Average
Listing Updated: 09/29/2020
Ryan J McManus LogoMLS Number: PAPH935466
Listing Provided By:
Ryan J McManus  of  Compass Pennsylvania LLC
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2020 Bright MLS, All Rights Reserved