Price of 7 houses at 1840 S. Camac St. spiked about $100k in the last year – and they’re not even built yet
A seven-home development called Passyunk Point, which is replacing the demolished Mancini catering hall at 1840 S. Camac St., has gone on the market with pre-construction prices of $459,000 to $525,000.
Back in July 2013, here’s what we reported when developer Steven Savitz proposed the project to the East Passyunk Crossing Civic Association’s zoning committee:
Prices for the new houses haven’t been set yet, but Savitz predicted the range to be $325,000-$475,000.
Not too shabby, huh? In the meantime, we were able to get a hold of some renderings of the project.
Only one of the houses will front Camac, two others will front Iseminger Street at the back, and the four remaining will be accessed by a communal walkway that cuts through the development. The homes range from 2,157 to 2,800 square feet, and the two facing Iseminger include a garage.
Quite a change over the dated catering hall that had been there:
And here’s a taste of how far along they are:
For some more information, check out the listings for Unit B (a middle unit) and Unit F (the biggest).
2 thoughts on “Price of 7 houses at 1840 S. Camac St. spiked about $100k in the last year – and they’re not even built yet”
The ones facing Iseminger Alley are gonna have a pretty dumpy view unless they clean up the backs of those businesses too. There is a ton of unruly wires, graffiti, etc. I wonder if the developer will be working on that?
So the developer thinks they will sell for 100,000 more why? They aren’t even built yet and a house is only worth what someone is willing to pay. In comparison to the comps this sounds like a pipe dream
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