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Philadelphia,PA 19151
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2351608
Annual Tax Amount $390
Tax Year 2024
Lot Size 1,216 Sqft
Property Description
A rare opportunity awaits for savvy investors and developers: a multifamily vacant lot located in a prime neighborhood, 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, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this 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, 16 ft wide, 3+ units allowed per zoning. Selling as-is, cash only.
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning RM1
Exterior
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard