Prime University City By-Right Development Opportunity. Land deal. RM1 Zoning. Located in Federal Opportunity Zone offering enormous tax benefits. Approx combined total square footage is 13,421. 28 units by right plus 25% green roof density bonus of additional 7 units, thus 35 total by-right units. As an additional option, zoning offers additional by-right density and height bonuses for low and moderate income housing fund contribution, thus possibly adding an additional 14 by-right units (49 total).Approx 149.64 feet of combined prime frontage on Haverford Ave.Also approx 84.715 feet frontage on Budd Street for rear yard access and/or parking.In addition, approx 17 feet access to N 41st Street for trash area, bike parking, and egress.Included in sale are 2 parcels: 4074-86 HAVERFORD AVE of about 10,513 square feet (BRT 061163650) and also included 4070-72 HAVERFORD AVE of about 2,908 square feet (BRT 884340620). New construction all around and walking distance to Drexel Athletic Center, PENN, Drexel, CHOP, Penn Presbyterian Medical Center, and Hospital of the University of Pennsylvania. Ready for development. Census Tract 42101009200 Approved as Federal Opportunity Zone. Disclosure: Broker has financial interest. All zoning and measurements should be independently confirmed. All zoning calculations are estimated and must be independently confirmed.
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