4050 Ludlow is a planned development site with zoning permits in place for a 7 story mid-rise apartment building. The design calls for first floor commercial, below grade parking with 36 spaces, and 96 residential units in the above floors. The residential units will be one bedroom and studios making the lease up exceptionally easy as these are the unit types across Philadelphia in the highest demand. The layouts also create incredible value as these units consistently garner the highest price per/sf in the city and this sub market. This project is in the very core of the University City sub-market in Philadelphia, an extension of Center City that is seeing incredible growth and demand. There are high barriers to entry in the sub market with development sites quickly drying up. Preliminary drawings will be included with the sale of the property. We believe this is an incredible opportunity to acquire a property with the approved zoning permit in hand in the heart of one of the most exciting sub markets in the North East Corridor.
Pending
- Price
- $ 6,500,000
- Lot Size
- 9,583 SqFt
- Bedrooms
- 0
- Sqr Footage
- 9,500
- Full Bathrooms
- 0
- Year Built
- 1970
- Half Bathrooms
- 0
- City, Zip
- Philadelphia
- Taxes
- 6156
- County
- PHILADELPHIA
- Style
- Warehouse
- Area
- 19104
- MLS#
- PAPH917366
- Zip
- 19104
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,068
Per MonthBased on the average sale price from the Ashburn, VA office
- Monthly Principal & interest $1,939
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 4.38% 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.
Schools
Price History
Property vs Zip Code Average in 19104
Map
In The Neighborhood
In The Neighborhood
4050 Ludlow Street Philadelphia, PA is a Single Family Home for sale at $6500000 with 9500 sqft and a lot size of 9,583 SqFt Acre(s). 4050 Ludlow Street Philadelphia has 0 bedrooms, 0 baths and was built in 1970. The property's zip code is 19104 which is in Philadelphia, PA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.