6,533 Sqft Lot
6,533 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Hills
MLS Listing ID PAMC2155502
HOA Y/N N
Annual Tax Amount $8,534
Tax Year 2020
Lot Size 6,533 Sqft
Acres 0.15
Lot Dimensions 35.00 x 0.00
Property Sub-Type Other
Source BRIGHT
Property Description
Bala Cynwyd and the surrounding Main Line have experienced a dramatic surge in luxury apartment construction, with more than 2,200 new apartment units recently completed or under development nearby, including The Hanover (426 units), The Yard at Pencoyd Landing (277 units), The Maybrook (252 units), The Blayr (217 units), 335 Bala (210 units), The Cynwyd (205 units), Wyncrest (173 units), The Palmer (110 units), The Kelly (109 units), Delwyn (87 units), The Grant (66 units), The Elm (56 units), and The Jordan (54 units).
This unprecedented residential expansion is transforming Bala Cynwyd into one of the Philadelphia region's premier live-work-play destinations while simultaneously driving demand for additional housing, retail, dining, and mixed-use development opportunities. Surrounded by affluent communities including Penn Valley, Gladwyne, Bryn Mawr, Ardmore, and Center City Philadelphia commuters, 201 Jefferson offers buyers the rare ability to generate income today while positioning the property for future redevelopment potential tomorrow.
Opportunities combining existing cash flow, private parking, Main Line demographics, and multi-family zoning flexibility are exceptionally rare in today's market.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning C1
Interior
Inclusions Parking Lot, Kitchen Equipment, All Fixtures , Building Property, Land
Exterior
Water Access N
View Other, Panoramic, Street, City
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
Schools
School District Lower Merion
Others
Tax ID 40-00-27772-007
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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