3042 N LEE ST, PHILADELPHIA, PA Exciting Investment Opportunity: 3042 N Lee St, a 637 sq ft vacant lot, is now available for sale in the heart of Upper Kensington, Philadelphia, within a designated Qualified Opportunity Zone (QOZ). This compact yet strategically located parcel offers a unique chance for investors to capitalize on the tax incentives associated with Opportunity Zones. Situated in a neighborhood undergoing revitalization, this lot is perfectly positioned to contribute to the area's growth. Its modest size allows for efficient and creative development within the parameters of the Qualified Opportunity Zone program. Investors looking for a smaller-scale project to maximize tax benefits will find this lot to be an ideal fit. The Upper Kensington neighborhood, with its blend of history and evolving urban character, provides a compelling backdrop for development. The convenience of nearby amenities, nearby public transportation options, and the community's dynamic atmosphere make this lot a valuable asset for those seeking to be part of the neighborhood's transformation.
Property Details
Property Features
Listing Office:
Office Name: Philadelphia Homes
Office Phone: (215) 948-2810
Listing Agent: Karen Rachel Ehrlich
Exterior Features
Exterior Information:
View: City
Lot Features
Lot Information:
Lot Size: 0.01 Acres
Other
Directions Information:
Directions: Use GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $20,000
Tax Information:
Annual Amount: $62
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $241.8K less than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2386906
Listing Office:
Office Name: Philadelphia Homes
Office Phone: (215) 948-2810
Listing Agent: Karen Rachel Ehrlich
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Isaac A. Sheppard Elementary School
120 W Cambria St
Distance between this listing and this school0.22 miles
Public District Grades KG-4
2
/10
Lewis Elkin Elementary School
3199 D St
Distance between this listing and this school0.44 miles
Public District Grades KG-4
1
/10
William Cramp Elementary School
3449 N Mascher St
Distance between this listing and this school0.46 miles
Public District Grades KG-5
Nearby Schools
8
/10
Aspira Charter School at John B. Stetson
3200 B St
Distance between this listing and this school0.25 miles
Public Charter Grades 5-8
4
/10
Pan American Academy Charter School
2830 N American St
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
3
/10
Hon. Luis Muñoz Marín School
3300 N 3rd St
Distance between this listing and this school0.51 miles
Public District Grades KG-8
Nearby Schools
5
/10
Sankofa Freedom Academy Charter School
2501 Kensington Ave # 2533
Distance between this listing and this school0.64 miles
Public Charter Grades KG-12
2
/10
The Linc
122 W Erie Ave
Distance between this listing and this school0.72 miles
Public District Grades 9-12
2
/10
Kensington Health Sciences Academy
2463 Emerald St
Distance between this listing and this school0.81 miles
The neighbors living near this home have an average income of $25,231. Most Philadelphia, PA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3042 N Lee St
What is the listing price of this property?
The listing price of 3042 N Lee St property is $20,000.
What type of property is this?
The property 3042 N Lee St is land located in Philadelphia, Pennsylvania, 19134.
Is this property for sale now?
Active Listing: 3042 N Lee St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $62 (source: MLS/based on county public records data).
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This home is located at 3042 N Lee St in Philadelphia, PA and zip code 19134 in the Fairhill neighborhood. This home sits on a 0.01 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $20,000.
Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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