Thank you
Joseph M. Loonstyn Jr.
Keller Williams Main Line
610-520-0100
Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture. Key Features: Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers. Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market. Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development. Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources. Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
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Water Source : Public
Sewer: Public Hook/Up Avail
Lot Size: 1,552
Dimensions: 16.00 x 97.00
Lot Size (Acres): 0.04
Main Square Feet: 1,552
Total Lot SQ ft: 1,552
Subdivision: SQUIRREL HILL
Appx. Lot Dimensions: 16.00 x 97.00
Total Acreage: 0.04
Possession: Settlement
Days Of Market: 240
Annual Tax: $5,078
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $362,800
Direction: Located near Saint Joes in West
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Hook/Up Avail
Direction: Located near Saint Joes in West
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
836 N Brooklyn Street , Philadelphia, PA,19104 | $35,000 | -- | -- | 765 | 765 Sqft |
726 N 37th Street , Philadelphia, PA,19104 | $65,000 | -- | -- | 1,138 | 1138 Sqft |
656 N 36th Street , Philadelphia, PA,19104 | $124,500 | -- | -- | 1,088 | 1088 Sqft |
4076 Spring Garden Stre.., Philadelphia, PA,19104 | $225,000 | -- | -- | 1,617 | 1617 Sqft |
729 N Preston Street , Philadelphia, PA,19104 | $69,900 | -- | -- | 879 | 879 Sqft |
3801 Cambridge Street , Philadelphia, PA,19104 | $179,000 | -- | -- | 1,248 | 1248 Sqft |
4047 W Girard Avenue , Philadelphia, PA,19104 | $149,000 | -- | -- | 1,710 | 1710 Sqft |
4438 Chestnut Street , Philadelphia, PA,19104 | $1,195,000 | -- | -- | -- | 2200 Sqft |
3939 Folsom Street , Philadelphia, PA,19104 | $65,000 | -- | -- | 1,022 | 1022 Sqft |
3920 Aspen Street , Philadelphia, PA,19104 | $150,000 | -- | -- | 1,440 | 1440 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 17:50
MLS: PAPH2270570
LISTED BY: Joseph M. Loonstyn Jr. , Keller Williams Main Line
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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.