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5,000 sqft house in PA

925,000 USD
242 Delancey St, Philadelphia, PA, 19106
12 view
Land ID: 72308 Update time: 2020-11-05 16:09:31
Trading years: permanent Size: 0.11ac
Feature: camping | garden Transaction type: for sell

Words from Seller

Once in a lifetime opportunity to customize a significant home on the best block in Center City Philadelphia! 242 Delancey is located in the heart of Society Hill. This extra wide and bright block is magnificent with cobblestone road, authentic historical street lamps, beautiful trees and a collection of some of the most historically significant and gorgeous homes in the city. The home itself was built in the 1780s and is close to 5, 000 sq. ft. This home is truly one of a kind - Let your imagination run wild and create a stunning home for you and your family. 242 Delancey also has an additional small trinity home at the rear door of the property! There are several different approaches to renovating this home: 1. Keep both homes as they are. Renovate 242 Delancey for yourself and keep the rear home as a guest house or potential rental property. 2. Combine the two properties into one massive home waiting for your custom renovation. Structural engineers have already evaluated the property and deemed this as something that can be done. 3. The Philadelphia Historical Commission has already approved removing 10 feet of the back home to create a large rear and side yard. Also approved for an elevator and significant renovation to the property. Stick with the sellers' original plan or come up with your own - the possibilities are endless! Similar size homes in the neighborhood have sold for over $2 million once renovated. If you don't want to buy new construction and you are seeking a truly magnificent and unique property, this home is for you. Located down the street from Three Bears Park, Headhouse Square, the waterfront and many of the city's top restaurants. The two car parking is located in the nearby covered garage and the seller is willing to pay for the first six months for both spots with an acceptable offer.

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