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$48,000
Est. payment /mo
1,436 Sqft Lot
UPDATED:
08/25/2024 08:32 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2351600
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $243
Tax Year 2024
Lot Size 1,436 Sqft
Acres 0.03
Lot Dimensions 30x50
Property Description
In the vibrant city of Philadelphia, opportunities abound for savvy investors and developers seeking to capitalize on the thriving multifamily market. This vacant lot in this bustling metropolis presents a unique chance to build from the ground up, catering to the growing demand for rental properties. With many neighborhoods experiencing a resurgence in popularity, a vacant lot in Philadelphia offers the potential to create a lucrative multifamily development, complete with modern amenities and stylish living spaces. The possibilities for building a lucrative multifamily property are endless. By snatching up this vacant lot, investors can tap into the city's thriving rental market, where tenants are willing to pay top dollar for quality living spaces. With the right vision and execution, a vacant lot can be transformed into a profitable multifamily gem, generating significant returns for years to come. Large Lot and huge 30+ ft frontage, zoned RM1. Large enough for a 3-4 unit multifamily with great frontage. Hard to find piece. Selling as-is, Cash only.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RM1
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 232067600
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Levent S Ulusal • Meta Realty, LLC