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872 Sqft Lot
UPDATED:
08/25/2024 07:24 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Allegheny West
MLS Listing ID PAPH2343030
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $256
Tax Year 2024
Lot Size 872 Sqft
Acres 0.02
Lot Dimensions 15.00 x 59.00
Property Description
Seeking your next development deal? Look no further for you have landed in a booming section of North Philly where value and development are quickly rising! New construction triplexes around the corner have sold for nearly 700k!! 3310 N Sydenham owner is participating in a package deal and also listed. There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 1787 total sf. If converted to RM1 that sf would allow for a 3 story 4 unit. Each apartment could be 80 sf - earning $57,000 per year for the building. Well over 400+ units are approved and could start construction this Spring. 3030 N BROAD ST has broken ground for 30 residential units and soon to follow 1336-24 W ALLEGHENY AVE will break ground for 70 units! This land is ideal for any investor. Inquire about other off market development deals in the area.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 112187300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Richard K Cassell • KW Empower
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