UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,604 sqft
Price per Sqft $96
MLS Listing ID PAPH2478304
Style Traditional
Abv Grd Liv Area 3,604
Originating Board BRIGHT
Year Built 1978
Tax Year 2024
Lot Size 1,910 Sqft
Acres 0.04
Lot Dimensions 37.00 x 52.00
Property Sub-Type Detached
Property Description
Unlock the potential of this shovel-ready development located minutes from Temple University, right in the heart of rapidly growing Central North Philadelphia. Zoned RM-1, this by-right project comes complete with architectural plans—offering a rare, opportunity to hit the ground running.
🔑 Property Highlights:
Total Sq. Ft.: 3,600+
Units: 5 Total
(4) Spacious 2-Bedroom Units
(1) Studio Unit
Zoning: RM-1 (By-right development)
Transit-Accessible: Close to SEPTA bus and regional rail lines
💰 Projected Rental Income:
2-Bedroom Units: $1,750/month x 4 = $7,000/month
Studio Unit: $1,000/month
Total Projected Income: $8,000+/month
High demand rental area due to proximity to Temple University
Financing options:
Construction Loans
Investment Property Loans
Hard Money Financing
Consult with your lender to explore the best financing strategy for your portfolio.
Whether you're a seasoned investor seeking your next cash-flowing asset or a developer looking for a ready-to-build project, this is your chance to secure a valuable foothold in one of Philadelphia's most promising neighborhoods.
Inquire Today — Opportunities Like This Don't Last Long!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas, Electric
Heating Other
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 772148000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA 203(k), Other
Listing Terms Cash, Conventional, FHA 203(k), Other
Financing Cash,Conventional,FHA 203(k),Other
Special Listing Condition Standard
