In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot listing in West Philly. Located in a prime neighborhood, 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 lot, large enough for a 3unit per zoning. Selling as-is, cash only.
MLS# | PAPH2390630 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Days On Site | 205 |
Listing Provided By | Meta Realty, LLC | Levent S Ulusal |
Zoning | RM1 |
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Acreage | 0.03 |
Water Front | Yes |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19131 |
Area | 19131 (19131) |
School District | THE SCHOOL DISTRICT OF PHILADELP |
Listing VS Median (In 19131) | |
Price: $55,000 low | high Med: $0 On site: 205 low | high Med: |