Unlock the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, nestled conveniently near Frankford Avenue. Surrounded by the vibrant energy of ongoing development, now is the time to seize the opportunity and capitalize on the neighborhood's growth. With ample square footage allowing for the construction of 4 units by right, this property presents an ideal investment opportunity for developers. Additionally, there is the added benefit of potential off-street parking. Take full advantage of the strategic location and proximity to Frankford Avenue, where thriving development is reshaping the landscape. The presence of brand new construction in all directions underscores the area's burgeoning appeal. Situated within a qualified federal opportunity zone (QOZ), this property offers advantageous incentives for savvy investors.
Property Type :
Land
County :
PHILADELPHIA
Style :
Land
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ByOwner last updated this listing 04/28/2024 @ 18:51
MLS: PAPH2335280
LISTED BY: George E Maynes , BHHS Fox & Roach-Art Museum
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
