$650,000
 $3,489 est/mo Sourced by Back At You

4346-56 Griscom St,PHILADELPHIA, PA 19124

PHILADELPHIA, PA 19124

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Description

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.

Details

MLS #PAPH2406042
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Days On Site260
Listing Provided ByHomeSmart Realty Advisors | Gazi Ataseven

Features

ZoningMULTI FAMILY
Acreage0.39
Water FrontYes

Parking

Garage Yes / NoNo

Utilities

UtilitiesNone

Market Activity 19124

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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19124
Area19124 (19124)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19124)
Price:
$650,000
low | high
Med:
$182,500
100% of Average
On site:
260
low | high
Med:
8.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1638 CHURCH ST Property Photo 1
$595,000
1638 Church St
Philadelphia, PA 19124
1805 OLD YORK RD Property Photo 1
$489,900
1805 Old York Rd
Warminster, PA 18974
Listing Updated: April 28, 2025 at 12:17:44 PM PDT