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1,152 Sqft Lot
UPDATED:
09/04/2024 07:42 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Philadelphia (Southwest)
MLS Listing ID PAPH2352148
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $254
Tax Year 2024
Lot Size 1,152 Sqft
Acres 0.03
Lot Dimensions 16.00 x 72.00
Property Description
In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this vacant lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 402030200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Levent S Ulusal • Meta Realty, LLC
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506