20 S Bank St, Philadelphia, PA 19106

$1,300,000

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List Price: $1,300,000
Days on Market: 1
Status: COMING SOON
MLS#: PAPH2652924
Lot Size (Acres): 0.05
Year Built: 2022
County: Philadelphia
School District: The School District Of Philadelphia

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Property Description

Exceptional shovel-ready development opportunity in the highly desirable Old City neighborhood! This project includes approved plans and permits for a luxury five-unit condominium building designed with modern, upscale finishes. Four residences are thoughtfully designed with approximately 1,720 square feet of living space, offering 2 bedrooms, 2 full bathrooms, an open-concept living, dining, and kitchen area, a private 200-square-foot balcony, elevator access directly to each unit, and dedicated private storage. Crowning the development is an impressive penthouse featuring approximately 1,720 square feet on the sixth floor plus a 450-square-foot mezzanine with breathtaking city views. The building also includes four private garage parking spaces, adding exceptional value and convenience. The foundation has already been completed, allowing the next owner to continue construction immediately. Approved plans, permits, and tax abatement documentation are available upon request. With construction already underway and the seller planning to increase the price as progress continues, this is a rare opportunity for developers and investors to bring a premier luxury condominium project to life in one of Philadelphia's most sought-after neighborhoods. Drive by & Make an Offer!

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