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Philadelphia,PA 19142
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Philadelphia (Southwest)
MLS Listing ID PAPH2352148
Annual Tax Amount $254
Tax Year 2024
Lot Size 1,152 Sqft
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
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