WELCOME TO ONE OF THE BIGGEST PARCELS FOR A 46-UNIT DEVELOPMENT IN PHILADELPHIA! This massive 5-parcel lot is nearly 18,000 sqft of prime real estate, ready for your next big project. Previously zoned RSA-5,but the current owner has successfully secured a variance, allowing for the development of 46 residential units. With an average cost of $17K per unit, this is an incredible investment opportunity well below market rates! The zoning permit is already approved, making this project turn-key for any experienced developer or builder. Located conveniently near all major transportation routes, this future apartment complex offers residents easy access to everything Philadelphia has to offer. Don’t miss out on this prime development site in a hot market! Act fast before it’s gone. Calling all builders! This is your chance to create something exceptional.
Mls | PAPH2406042 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Days On Site | 72 |
Listing Provided By | HomeSmart Realty Advisors | Gazi Ataseven |
Zoning | MULTI FAMILY |
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Acreage | 0.39 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19124 |
Area | 19124 |
School District | The School District Of Philadelp |
Listing VS Median (in 19124) | |
Price: $799,000 low | high Med: $179,000 On Site: 72 low | high Med: 429.500000 |