802 N Preston St , Philadelphia, PA 19104
Philadelphia, PA 19104
Description
This vacant lot at 802 N Preston Street presents an excellent development opportunity in Philadelphia's rapidly evolving Mantua neighborhood. The property's RM1 zoning allows for the construction of a multi-family building with up to four units, offering developers flexibility in design and unit mix.Situated in an area experiencing substantial new construction, this lot is well-positioned to capitalize on the neighborhood's growth and increasing desirability. The projected After Repair Value (ARV) of $750,000 to $800,000 for a completed project reflects the strong market potential in this location.For investors and developers seeking to enter or expand their presence in a transforming Philadelphia neighborhood, this lot offers the chance to create a custom-built property tailored to current market demands.
Details
| MLS# | PAPH2376674 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 89 |
| Listing Provided By | Realty ONE Group Focus | Shaheedah A Tinsley-Cobbs |
Features
| Zoning | RM1 |
|---|---|
| Acreage | 0.03 |
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19104 |
| Area | 19104 |
| Community Name | Mantua |
| School District | The School District Of Philadelp |
| Listing VS Median (in Mantua) | |
Price: $60,000 low | high Med: $0 On Site: 89 low | high Med: | |
