In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. 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 lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.
Property Type :
Land
County :
PHILADELPHIA
Style :
Land
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ByOwner last updated this listing 05/27/2024 @ 22:11
MLS: PAPH2351596
LISTED BY: Levent S Ulusal , Meta Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: $1,000
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.
